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Webjet Group Sees Increase in Substantial Shareholding

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Webjet Group Sees Increase in Substantial Shareholding

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Webjet Group Limited ( (AU:WJL) ) has shared an update.

Webjet Group Limited has seen a change in the substantial holding of its shares, with Portfolio Services Pty Ltd, Ariadne Australia Limited, and Gary Hilton Weiss increasing their voting power in the company. This change reflects a strategic acquisition of shares through various transactions on the Australian Securities Exchange, which has increased their voting power from 10.76% to 14.93%. The increase in shareholding could potentially impact Webjet’s governance and decision-making processes, as these stakeholders now hold a more significant influence within the company.

The most recent analyst rating on (AU:WJL) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Webjet Group Limited stock, see the AU:WJL Stock Forecast page.

More about Webjet Group Limited

Average Trading Volume: 3,027,085

Technical Sentiment Signal: Strong Buy

For detailed information about WJL stock, go to TipRanks’ Stock Analysis page.

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