tiprankstipranks
Trending News
More News >

Iluka Resources Sees Shift in Substantial Shareholding

Story Highlights
Iluka Resources Sees Shift in Substantial Shareholding

Don’t Miss TipRanks’ Half-Year Sale

Iluka Resources Limited ( (AU:ILU) ) just unveiled an update.

Iluka Resources Limited has experienced a change in the substantial holding of its shares, with Mitsubishi UFJ Financial Group, Inc. now holding a significant number of fully paid ordinary shares. This change in shareholding reflects a shift in voting power within the company, potentially impacting its governance and strategic decision-making processes, as Mitsubishi UFJ Financial Group, Inc. has increased its influence over the company.

The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.

More about Iluka Resources Limited

Average Trading Volume: 3,961,182

Technical Sentiment Signal: Sell

Current Market Cap: A$1.59B

See more data about ILU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1