JPMorgan Chase Lowers Stake in Lotus Resources
JPMorgan Chase & Co. has reduced its stake in Lotus Resources Ltd (ASX:LOT) from 7.50% to 5.59%, according to a recent filing.
The change, effective on September 28, 2026, reflects a decrease of 10.91% in the bank's voting power, which now stands at 30,555,614 shares.
JPMorgan entities, including JPMorgan Chase Bank N.A., J.P. Morgan Securities PLC, and others, hold securities on loan as agent lenders, under lending obligations, principal/proprietary transactions, and client securities rehypothecated under prime brokerage agreements.