Bapcor Says JPMorgan Becomes Substantial Holder; Shares Jump 6%

MT Newswires Live
Yesterday

Bapcor (ASX:BAP) said JPMorgan Chase and its affiliates became substantial holders of the firm as of Sept. 17, acquiring voting power of 5.68%, according to a Tuesday Australian bourse filing.

The bank holds 38.2 million shares of the firm as of Sept. 17.

Bapcor's shares jumped nearly 6% in recent trading on Tuesday.

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