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Insignia Financial Ltd ( (AU:IFL) ) has provided an update.
Mitsubishi UFJ Financial Group, Inc. has announced a change in its substantial holding in Insignia Financial Ltd, with a decrease in its voting power from 6.76% to 5.72%. This adjustment reflects a shift in the number of fully paid ordinary shares held by Mitsubishi UFJ Financial Group, Inc., impacting its influence within Insignia Financial Ltd. The change in shareholding could have implications for the company’s strategic decisions and stakeholder relations, as it alters the dynamics of voting power within the organization.
More about Insignia Financial Ltd
YTD Price Performance: 20.59%
Technical Sentiment Signal: Sell
Current Market Cap: $1.56B
Learn more about IFL stock on TipRanks’ Stock Analysis page.