ASX boosts stake in IRESS
The Australian Securities Exchange (ASX) has increased its shareholding in financial services technology provider IRESS Market Technology.
A statement from the ASX said it has had a “longstanding investment in IRESS since 2000”.
“Current market conditions presented an opportunity to acquire an additional holding at an attractive price,” the statement said.
The ASX has now increased its shareholding in IRESS to 23,750,01 from its previous holding of 20,950,000.
IRESS’ share price has fallen in recent weeks, and at the time of publishing was trading at $4.84.
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