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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Breville Group

Story Highlights
  • Mitsubishi UFJ Financial Group no longer holds a substantial stake in Breville Group.
  • Morgan Stanley’s controlled entity purchased securities affecting Breville’s voting shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Ceases Substantial Holding in Breville Group

Elevate Your Investing Strategy:

Breville Group ( (AU:BRG) ) has provided an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Breville Group Limited, as indicated in a recent notice. This change in holding is due to the purchase of securities by an entity controlled by Morgan Stanley, affecting the voting securities of the company. The impact of this change on Breville Group’s operations or market positioning is not detailed in the release.

The most recent analyst rating on (AU:BRG) stock is a Hold with a A$32.70 price target. To see the full list of analyst forecasts on Breville Group stock, see the AU:BRG Stock Forecast page.

More about Breville Group

Average Trading Volume: 539,263

Technical Sentiment Signal: Hold

Current Market Cap: A$4.33B

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

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