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Mitsubishi UFJ Reduces Stake in Fisher & Paykel Healthcare

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Mitsubishi UFJ Reduces Stake in Fisher & Paykel Healthcare

Fisher & Paykel Healthcare Corporation Limited ( (FSPKF) ) has provided an update.

Fisher & Paykel Healthcare Corporation Limited, a prominent player in the healthcare industry, focuses on designing, manufacturing, and marketing innovative medical devices and systems. The company is known for its respiratory care and acute care products, which are used in hospitals and homes worldwide. The recent disclosure indicates that Mitsubishi UFJ Financial Group and its subsidiaries have reduced their substantial holding in Fisher & Paykel Healthcare Corporation from 5.169% to 4.975%. This change in shareholding reflects a minor shift in the company’s ownership structure, which may influence investor perceptions and market dynamics.

More about Fisher & Paykel Healthcare Corporation Limited

YTD Price Performance: -32.54%

Average Trading Volume: 650

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $11.39B

Learn more about FSPKF stock on TipRanks’ Stock Analysis page.

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