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JPMorgan Acquires 5% Stake in Webjet Limited

Webjet Limited (AU:WEB) has released an update.

JPMorgan Chase & Co. and its affiliates have become a substantial holder in Webjet Limited, with a total voting power of 5.08% as of June 7, 2024. This position is a result of various interests and transactions across multiple JPMorgan entities, including securities on loan, investment management capacities, and securities lending agreements. The acquisition includes a diverse range of securities, underscoring the financial giant’s significant stake in the travel services company.

For further insights into AU:WEB stock, check out TipRanks’ Stock Analysis page.

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