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Commonwealth Bank of Australia Ceases Substantial Holding in Webjet Group

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Commonwealth Bank of Australia Ceases Substantial Holding in Webjet Group

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The latest announcement is out from Commonwealth Bank of Australia ( (AU:CBA) ).

The Commonwealth Bank of Australia has announced that it has ceased to be a substantial holder in Webjet Group Ltd as of May 20, 2025. This change in holding could impact CBA’s investment strategy and influence its market positioning, while stakeholders in Webjet may need to reassess their expectations regarding shareholder composition.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$95.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia (CBA) is a major financial institution offering a wide range of financial services including retail, business, and institutional banking. It is one of the largest banks in Australia, focusing on providing comprehensive banking solutions to its customers.

Average Trading Volume: 2,488,140

Technical Sentiment Signal: Buy

Current Market Cap: A$286.5B

For a thorough assessment of CBA stock, go to TipRanks’ Stock Analysis page.

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