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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Titomic Ltd

Story Highlights
  • Mitsubishi UFJ Financial Group, Inc. no longer holds a substantial stake in Titomic Ltd.
  • The change is due to transactions by Morgan Stanley-controlled entities affecting many shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Ceases Substantial Holding in Titomic Ltd

Confident Investing Starts Here:

An announcement from Titomic Ltd ( (AU:TTT) ) is now available.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Titomic Ltd, a company involved in advanced manufacturing technologies. This change in substantial holding is due to various transactions involving the purchase, borrowing, and return of securities by entities controlled by Morgan Stanley, affecting a significant number of fully paid ordinary shares.

The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.

More about Titomic Ltd

Average Trading Volume: 3,111,435

Technical Sentiment Signal: Buy

Current Market Cap: A$417.6M

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

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