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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Inghams Group

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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Inghams Group

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An update from Inghams Group Ltd. ( (AU:ING) ) is now available.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Inghams Group Limited. This change is due to the purchase of securities by an entity controlled by Morgan Stanley, affecting a significant number of fully paid ordinary shares. The shift in substantial holding could impact the company’s shareholder structure and influence its market dynamics.

The most recent analyst rating on (AU:ING) stock is a Hold with a A$3.03 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

More about Inghams Group Ltd.

YTD Price Performance: -11.81%

Average Trading Volume: 1,798,229

Technical Sentiment Signal: Sell

Current Market Cap: A$1.01B

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

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