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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Corporate Travel Management

Story Highlights
  • Mitsubishi UFJ Financial Group, Inc. no longer holds a substantial stake in Corporate Travel Management.
  • The change is due to securities purchases by First Sentier Group Limited and Morgan Stanley.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Ceases Substantial Holding in Corporate Travel Management

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An update from Corporate Travel Management Limited ( (AU:CTD) ) is now available.

Corporate Travel Management Limited has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change in substantial holding is due to the purchase of securities by entities controlled by First Sentier Group Limited and Morgan Stanley, affecting the voting securities and potentially altering the influence of Mitsubishi UFJ Financial Group, Inc. on the company.

The most recent analyst rating on (AU:CTD) stock is a Hold with a A$11.80 price target. To see the full list of analyst forecasts on Corporate Travel Management Limited stock, see the AU:CTD Stock Forecast page.

More about Corporate Travel Management Limited

YTD Price Performance: 18.22%

Average Trading Volume: 508,710

Technical Sentiment Signal: Buy

Current Market Cap: A$2.28B

Find detailed analytics on CTD stock on TipRanks’ Stock Analysis page.

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