Insignia Financial Ltd (AU:IFL) has released an update.
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Insignia Financial Ltd has experienced a reduction in its substantial holding, with its voting power decreasing from 8.26% to 7.11%. The change, effective since November 1, 2024, reflects a shift in the number of fully paid ordinary shares held by Mitsubishi UFJ Financial Group, Inc., indicating strategic adjustments in their investment portfolio. This development may interest investors tracking substantial shareholding movements and their potential impact on market dynamics.
For further insights into AU:IFL stock, check out TipRanks’ Stock Analysis page.
