ASX:ASBAerospace & Defense
Hanwha’s Expanded Stake and State Street’s Exit Could Be A Game Changer For Austal (ASX:ASB)
Austal Limited recently confirmed that State Street Global Advisors Europe Limited ceased to be a substantial holder on 12 December 2025, while Australia approved Hanwha’s move to lift its stake to 19.9% under strict security and data-access conditions.
This rapid reshaping of Austal’s shareholder base could influence future voting outcomes, capital allocation choices, and the company’s longer-term corporate direction.
We’ll now explore how Hanwha’s expanded role as a major shareholder could...