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CBA Acquires Substantial Stake in Webjet Limited
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CBA Acquires Substantial Stake in Webjet Limited

Commonwealth Bank of Australia (AU:CBA) has released an update.

The Commonwealth Bank of Australia (CBA) has become a substantial shareholder in Webjet Limited, with a total voting power of 5.03% across 19,570,676 fully paid ordinary shares. This position was achieved through relevant interests held by CBA and its related bodies corporate, including Avanteos Investments Limited and Colonial First State Investments Limited, with the latter controlling a significant portion of 4.85% voting power.

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

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