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Mitsubishi UFJ Financial Group Ceases Substantial Holding in West African Resources

Story Highlights
  • Mitsubishi UFJ Financial Group ceased to be a substantial holder in West African Resources.
  • The change was due to securities sales by First Sentier and purchases by Morgan Stanley.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Ceases Substantial Holding in West African Resources

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West African Resources Ltd ( (AU:WAF) ) has shared an announcement.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in West African Resources Ltd as of April 28, 2025. This change occurred due to the sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd and the purchase of securities by an entity controlled by Morgan Stanley. This shift in substantial holding could impact the company’s shareholder dynamics and influence its market positioning.

More about West African Resources Ltd

YTD Price Performance: 63.04%

Average Trading Volume: 13,577

Technical Sentiment Signal: Sell

Current Market Cap: $1.75B

See more data about WAF stock on TipRanks’ Stock Analysis page.

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