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Mitsubishi UFJ Financial Group Updates Stake in Web Travel Group

Story Highlights

Webjet Limited ( (AU:WEB) ) has issued an announcement.

Mitsubishi UFJ Financial Group, Inc. has updated its substantial holding in Web Travel Group Limited, reflecting changes in its voting power and relevant interests in the company’s securities. The update indicates a decrease in its voting power from 6.54% to 5.45%, impacting its influence within the company and possibly affecting its strategic decisions and stakeholder relationships.

More about Webjet Limited

Technical Sentiment Signal: Buy

Current Market Cap: $997.7M

For an in-depth examination of WEB stock, go to TipRanks’ Stock Analysis page.

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