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Karoon Energy Ltd ( (AU:KAR) ) just unveiled an update.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Karoon Energy Ltd, with a relevant interest in securities through its significant voting power in Morgan Stanley and First Sentier Investors Holdings Pty Limited. This development signifies a shift in the shareholder structure of Karoon Energy, potentially impacting its strategic decisions and market influence due to the increased voting power held by a major financial entity.
More about Karoon Energy Ltd
YTD Price Performance: 2.87%
Average Trading Volume: 4,491
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $684.9M
Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.