State Street cuts stake in Mirvac Group

State Street Corporation and its subsidiaries reported a change in their substantial holding in Mirvac Group. The previous notice, dated February 28, 2025, showed a voting power of 9.51% with 375,182,020 ordinary votes. The current notice, effective November 12, 2025, indicates a decrease in their relevant interest to 8.50%, representing 335,296,581 ordinary votes. This marks a reduction of approximately 39.88 million votes.

The changes in relevant interests primarily involved transfers in and out, as well as lend and borrow activities for stock lending purposes across various State Street entities, including State Street Global Advisors, Australia, Limited, State Street Bank and Trust Company, and State Street Global Advisors Trust Company. Transactions occurred at various prices, such as $2.10, $2.12, and $2.13, with some lend/borrow activities noted as n/a for consideration.