tiprankstipranks
Mitsubishi UFJ Financial Group Reduces Stake in Chorus Limited
Company Announcements

Mitsubishi UFJ Financial Group Reduces Stake in Chorus Limited

Story Highlights

Stay Ahead of the Market:

Chorus Limited ( (CHRUF) ) has provided an update.

Mitsubishi UFJ Financial Group, Inc., along with its subsidiaries First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd, has reduced its substantial holding in Chorus Limited. Previously holding 5.004% of the ordinary shares, their stake has now fallen to 4.986% due to recent transactions. This change indicates a minor adjustment in their investment strategy and may have implications for their influence within Chorus Limited.

More about Chorus Limited

YTD Price Performance: -0.41%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.11B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App