Commonwealth Bank of Australia (AU:CBA) has released an update.
State Street Corporation has increased its stake in the Commonwealth Bank of Australia, with its voting power growing from 5.05% to 6.06%. This change in the interests of the substantial holder occurred on April 8, 2024, marking a notable shift since the last report on August 11, 2022. Investors may view this as a sign of growing confidence from a major institutional investor in the bank’s future.
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