Webjet Limited (AU:WEB) has released an update.
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Superannuation and Investments HoldCo Pty Ltd has emerged as a substantial shareholder in Webjet Limited, with a combined total voting power of 5.00%. This significant stake was acquired on 18th July 2024, encompassing 19,575,575 fully paid ordinary shares. The substantial holding includes interests managed by Avanteos Investments Limited and Colonial First State Investments Limited, indicating a strategic move by the investment entities within the travel industry titan.
For further insights into AU:WEB stock, check out TipRanks’ Stock Analysis page.