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Noble sees two institutional investors upping their shareholding as a sign of confidence
Invesco's, Eastspring's stakes now stand at 5.2%, 5% respectively.
Two institutional investors, Invesco Ltd. and Eastspring Investments (Singapore) Limited, bumped up their stakes in Noble.
Commenting on the said stake upgrades, a company spokesperson said, "Noble's entire focus has been, and will remain, on ensuring that we run our day to day business as efficiently as possible to ensure the execution of the strategic initiatives which underpin our long term growth.”
Whilst two institutional shareholders increasing their stakes is a sign of confidence from Noble, the company still has a job on its hands battling off the negative perception caused by Iceberg Research.
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