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Mitsubishi UFJ Financial Group Exits Substantial Holding in Karoon Energy
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Mitsubishi UFJ Financial Group Exits Substantial Holding in Karoon Energy

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Karoon Energy Ltd ( (AU:KAR) ) has shared an announcement.

Karoon Energy Ltd has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company as of early January 2025. This change follows a series of transactions involving Morgan Stanley and First Sentier Investors Holdings Pty Ltd, which resulted in the transfer of voting securities. The cessation of Mitsubishi UFJ Financial Group as a substantial holder may impact Karoon Energy’s shareholder dynamics and could influence future strategic decisions.

More about Karoon Energy Ltd

YTD Price Performance: 2.64%

Average Trading Volume: 4,491

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $683.1M

For an in-depth examination of KAR stock, go to TipRanks’ Stock Analysis page.

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