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Mitsubishi UFJ Financial Group Increases Stake in IRESS Limited

Story Highlights
  • IRESS Limited’s substantial holder, Mitsubishi UFJ Financial Group, Inc., has increased its voting power.
  • This change affects IRESS Limited’s shareholder structure and strategic direction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Increases Stake in IRESS Limited

IRESS Limited ( (AU:IRE) ) has issued an update.

IRESS Limited has announced a change in the interests of its substantial holder, Mitsubishi UFJ Financial Group, Inc., which now has a significant voting power in the company. This change reflects an increase in Mitsubishi UFJ Financial Group’s relevant interest in IRESS Limited’s voting securities, impacting the company’s shareholder structure and potentially influencing its strategic decisions.

More about IRESS Limited

YTD Price Performance: -15.68%

Average Trading Volume: 154

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €865.1M

Find detailed analytics on IRE stock on TipRanks’ Stock Analysis page.

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