Cooper Energy Limited (AU:COE) has released an update.
Cooper Energy Limited has reported a significant change in shareholding by Mitsubishi UFJ Financial Group, Inc., showing an increase in their voting power from 13.96% to 16.24%. The change involves the acquisition of various classes of fully paid ordinary shares, reflecting Mitsubishi UFJ’s substantial and diverse interests in the company. This move could indicate Mitsubishi UFJ’s strengthened influence in Cooper Energy’s strategic decisions.
For further insights into AU:COE stock, check out TipRanks’ Stock Analysis page.