Mitsubishi UFJ No Longer a Major Platinum Asset Holder

Platinum Asset Management Ltd (AU:PTM) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Platinum Asset Management Ltd, as reported in a recent Form 605 filing. The document, dated 26 August 2024, details a series of securities transactions controlled by Morgan Stanley, including both purchases and sales of fully paid ordinary shares. The news is significant for investors tracking substantial shareholder movements and their impact on the market.

For further insights into AU:PTM stock, check out TipRanks’ Stock Analysis page.