Mitsubishi UFJ Ups Stake in Syrah Resources

Syrah Resources (AU:SYR) has released an update.

Mitsubishi UFJ Financial Group, Inc. has significantly increased its stake in Syrah Resources Limited, raising its voting power from 5.11% to 7.91%. This change in substantial holding was reported in a recent notice that also highlighted relevant interests in securities held by various entities under Mitsubishi UFJ’s control. Such a notable shift in shareholding could signal strategic positioning by Mitsubishi UFJ in the resources sector.

For further insights into AU:SYR stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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