Corporate Travel Management’s Major Shareholding Shift

Corporate Travel Management Limited (AU:CTD) has released an update.

Corporate Travel Management Limited has announced a substantial change in its shareholding structure, with The Regents of the University of California and several entities under State Street Bank and Trust Company gaining significant voting power. This shift in voting power comes as a result of various transactions and associated entities, including investment managers and trustees with the power to dispose of securities. The detailed reasons for the associations, as well as the addresses of the involved entities, have been provided.

For further insights into AU:CTD stock, check out TipRanks’ Stock Analysis page.