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Commonwealth Bank Updates on Voting Shares Control

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Commonwealth Bank Updates on Voting Shares Control

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Commonwealth Bank of Australia ( (AU:CBA) ) has shared an update.

The Commonwealth Bank of Australia has announced an update regarding its voting shares, revealing that it and its controlled entities have the power to control voting or disposal of 0.04% of the total voting shares issued. This announcement, made in accordance with an exemption from the Australian Securities and Investments Commission, highlights the bank’s minimal economic exposure in terms of voting shares, which stands at 0.00%. This development is a part of the bank’s ongoing compliance with regulatory requirements and reflects its current position in managing its shareholding structure.

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 is a major player in the financial services industry, offering a wide range of banking and financial products to individuals and businesses across Australia. The company focuses on providing comprehensive banking solutions and maintaining a strong presence in the Australian financial market.

Average Trading Volume: 2,364,756

Technical Sentiment Signal: Buy

Current Market Cap: A$294.9B

See more insights into CBA stock on TipRanks’ Stock Analysis page.

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