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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Karoon Energy

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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Karoon Energy

The latest announcement is out from Karoon Energy Ltd ( (AU:KAR) ).

Karoon Energy Ltd has announced that Mitsubishi UFJ Financial Group, along with its associated entities, has ceased to be a substantial holder in the company as of March 17, 2025. This change in substantial holding could impact the company’s shareholder structure and influence its market dynamics, potentially affecting investor sentiment and future strategic decisions.

More about Karoon Energy Ltd

YTD Price Performance: 13.86%

Average Trading Volume: 4,446

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $776.9M

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

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