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Mitsubishi UFJ Financial Group Alters Stake in Smartgroup

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Mitsubishi UFJ Financial Group Alters Stake in Smartgroup

Elevate Your Investing Strategy:

Smartgroup Corporation Ltd ( (AU:SIQ) ) just unveiled an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Smartgroup Corporation Limited, as indicated by recent changes in their voting securities. The announcement highlights a series of transactions involving the purchase of ordinary shares by an entity controlled by Morgan Stanley, affecting the voting interests and signaling a shift in the company’s shareholder structure.

The most recent analyst rating on (AU:SIQ) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Smartgroup Corporation Ltd stock, see the AU:SIQ Stock Forecast page.

More about Smartgroup Corporation Ltd

Average Trading Volume: 435,610

Technical Sentiment Signal: Hold

Current Market Cap: A$996M

For an in-depth examination of SIQ stock, go to TipRanks’ Overview page.

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