Commonwealth Bank of Australia (AU:CBA) has released an update.
The Commonwealth Bank of Australia (CBA) has emerged as a substantial shareholder in Webjet Limited, with a total voting power of 5.06%, signifying a strategic move in the travel sector. This stake comprises 19,789,543 fully paid ordinary shares, reflecting CBA’s confidence in Webjet’s business model and future prospects. The acquisition of shares encompasses various related bodies corporate and is indicative of CBA’s growing interest in this online travel booking company.
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