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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Charter Hall

Story Highlights
  • Mitsubishi UFJ Financial Group is no longer a substantial holder in Charter Hall Group.
  • The change is due to securities purchases by First Sentier and Morgan Stanley entities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Charter Hall Group ( (AU:CHC) ) has shared an announcement.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Charter Hall Group, a significant player in the real estate investment and management sector. This change in substantial holding is due to the purchase of securities by entities controlled by First Sentier Investors Holdings Pty Ltd and Morgan Stanley, impacting the voting securities and potentially altering the influence dynamics within the company.

More about Charter Hall Group

YTD Price Performance: 9.98%

Average Trading Volume: 1,484

Technical Sentiment Signal: Strong Sell

Current Market Cap: $4.73B

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

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