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Morgan Stanley Acquires 5.42% Stake in CSR Limited
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Morgan Stanley Acquires 5.42% Stake in CSR Limited

CSR Limited (AU:CSR) has released an update.

Morgan Stanley has emerged as a substantial shareholder in CSR Limited, acquiring a total of 25,893,311 ordinary shares which equates to a 5.42% voting power in the company. This significant investment was made on May 10, 2024, with Morgan Stanley and its subsidiaries listed in Annexure A holding various interests in the shares, ranging from obligations under prime brokerage agreements to control over disposal in the ordinary course of business. The details of registered holders of these securities primarily include HSBC Custody Nominees (Australia) Limited and Morgan Stanley’s own nominee entities.

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

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