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Mitsubishi UFJ Financial Group Acquires Substantial Holding in Capricorn Metals
Company Announcements

Mitsubishi UFJ Financial Group Acquires Substantial Holding in Capricorn Metals

Story Highlights
  • Mitsubishi UFJ Financial Group acquired a substantial holding in Capricorn Metals.
  • This acquisition may impact Capricorn Metals’ strategic decisions and investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

Capricorn Metals Ltd ( (AU:CMM) ) has issued an announcement.

Capricorn Metals Ltd has announced that Mitsubishi UFJ Financial Group, through its subsidiary First Sentier Investors Holdings Pty Limited, has acquired a substantial holding in the company. This acquisition signifies an important development in Capricorn Metals’ shareholder structure, potentially impacting its strategic decisions and market influence. The move underscores Mitsubishi UFJ Financial Group’s interest in expanding its investment portfolio and may lead to increased investor confidence in Capricorn Metals.

More about Capricorn Metals Ltd

YTD Price Performance: 7.48%

Average Trading Volume: 968,617

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$2.78B

For a thorough assessment of CMM stock, go to TipRanks’ Stock Analysis page.

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