Palliser Capital has reportedly begun building a stake in FTSE-100 firm Autotrader Group (AUTO LN) and pushing for it to set out plans to return up to GBP 700mln to shareholders alongside full-year results this month, Sky News reports

Palliser Capital's move to build a stake in Autotrader Group indicates an activist approach, likely aimed at pushing the company towards optimizing shareholder returns.

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Palliser Capital has reportedly begun building a stake in FTSE-100 firm Autotrader Group (AUTO LN) and pushing for it to set out plans to return up to GBP 700mln to shareholders alongside full-year results this month, Sky News reports

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The suggested return of GBP 700 million could signal a shift in capital allocation strategy, which may boost investor sentiment and influence how the market perceives Autotrader's governance and future growth prospects.

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