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Mitsubishi UFJ Gains Substantial Stake in Chorus Limited

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Mitsubishi UFJ Gains Substantial Stake in Chorus Limited

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Chorus Limited ( (CHRUF) ) has shared an update.

Mitsubishi UFJ Financial Group, Inc., along with First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd, has begun a substantial holding in Chorus Limited, acquiring a 5.004% stake in the company’s ordinary shares. This acquisition indicates a strategic move by these financial groups, potentially impacting Chorus Limited’s market dynamics and shareholder structure by introducing significant new stakeholders.

More about Chorus Limited

YTD Price Performance: 0.41%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.14B

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

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