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The latest announcement is out from Iluka Resources Limited ( (AU:ILU) ).
Iluka Resources Limited has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change is due to the purchase of securities by entities controlled by First Sentier Group Limited and Morgan Stanley, affecting the voting securities previously held by Mitsubishi UFJ Financial Group, Inc. This development may impact the company’s shareholder structure and influence its market positioning.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.60 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
More about Iluka Resources Limited
Average Trading Volume: 4,382,882
Technical Sentiment Signal: Sell
Current Market Cap: A$2.01B
For detailed information about ILU stock, go to TipRanks’ Stock Analysis page.