Metcash Limited (AU:MTS) has released an update.
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Metcash Limited has announced that Ubique Asset Management Pty Ltd has become a substantial shareholder with a 5.18% voting power, acquiring over 56 million shares. This move is part of a broader strategy involving Australian shares and units for various investment funds and portfolios. Such a significant stake can influence the company’s future decisions and impact its stock performance.
For further insights into AU:MTS stock, check out TipRanks’ Stock Analysis page.