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Chorus Limited Sees Minor Change in Substantial Holding

Story Highlights
  • Chorus Limited’s substantial holding by Mitsubishi UFJ Financial Group decreased slightly.
  • The holding change may affect Mitsubishi UFJ’s influence in Chorus Limited’s decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Chorus Limited ( (CHRUF) ) has provided an announcement.

Chorus Limited has announced a change in substantial holding by Mitsubishi UFJ Financial Group, Inc., and its subsidiaries, First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd. The substantial holding in Chorus Limited’s ordinary shares has decreased from 5.011% to 4.999%, indicating a minor reduction in their stake. This change reflects a slight adjustment in the investment portfolio of Mitsubishi UFJ Financial Group, Inc. and its subsidiaries, which could have implications for their influence in Chorus Limited’s shareholder decisions.

More about Chorus Limited

YTD Price Performance: 2.38%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.11B

Find detailed analytics on CHRUF stock on TipRanks’ Stock Analysis page.

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