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Metcash Announces New Major Shareholder
Company Announcements

Metcash Announces New Major Shareholder

Metcash Limited (AU:MTS) has released an update.

Metcash Limited has announced that First Sentier Investors and its associated entities, including its ultimate parent company Mitsubishi UFJ Financial Group (MUFG), have become significant shareholders. On May 30, 2024, First Sentier Investors, along with its subsidiaries and MUFG, reported a combined substantial holding of over 54 million shares. The financial details and specifics of the association between the entities were outlined, marking a notable change in the ownership structure of Metcash.

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

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