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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Breville Group

Story Highlights
  • Mitsubishi UFJ Financial Group has ceased to be a substantial holder in Breville Group.
  • The change is due to Morgan Stanley’s entity purchasing securities affecting voting interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Ceases Substantial Holding in Breville Group

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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 is due to the purchase of securities by an entity controlled by Morgan Stanley, which affected the voting securities and interests previously held by Mitsubishi UFJ Financial Group, Inc.

The most recent analyst rating on (AU:BRG) stock is a Buy with a A$35.50 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

YTD Price Performance: 2.84%

Average Trading Volume: 418,328

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.21B

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

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