State Street significantly reduces holding in Nufarm Limited
State Street Corporation and its subsidiaries reported a change in their substantial holding in Nufarm Limited, with their voting power decreasing from 7.29% to 6.07%. This change was effective on September 19, 2025. The total number of votes held by State Street and its associates in Nufarm Limited decreased from 27,921,345 to 23,269,204 ordinary shares.
The reduction in holding involved various transactions between August 27, 2025, and September 19, 2025. These activities included numerous "collateral received" and "transfer out" entries, which collectively led to a significant decrease in the number of ordinary shares held by State Street. For instance, on September 19, 2025, State Street Global Advisors, Australia, Limited reported multiple "transfer out" transactions, including -2,611,810, -851,652, and -714,382 ordinary shares, contributing to the overall reduction in voting power.
State Street Bank and Trust Company, a key subsidiary, continues to manage securities lending agreements, acting as both a lender and borrower of securities. These agreements involve the temporary transfer of voting rights, with conditions for recall and return of securities or equivalent collateral.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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