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Mitsubishi UFJ Financial Group Ceases Substantial Holding in New Hope Corporation

Story Highlights
  • Mitsubishi UFJ Financial Group is no longer a substantial holder in New Hope Corporation.
  • The change involves transactions by entities controlled by First Sentier 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 New Hope Corporation

An announcement from New Hope Corporation Limited ( (AU:NHC) ) is now available.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in New Hope Corporation Ltd as of March 25, 2025. This change in substantial holding involves various transactions, including the sale and purchase of ordinary shares by entities controlled by First Sentier Investors Holdings Pty Ltd and Morgan Stanley. The announcement reflects a significant shift in the voting securities of New Hope Corporation Ltd, potentially impacting the company’s shareholder dynamics and market perception.

More about New Hope Corporation Limited

YTD Price Performance: -17.23%

Average Trading Volume: 1,894

Technical Sentiment Signal: Hold

Current Market Cap: $2.02B

Learn more about NHC stock on TipRanks’ Stock Analysis page.

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