Franklin Resources lowers Qantas stake

By Jamie Freed
Updated January 8 2015 - 3:08pm, first published 2:54pm
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham
Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent. Photo: Craig Abraham

Franklin Resources, the largest shareholder in Qantas Airways, has lowered its stake to 14.2 per cent from 15.4 per cent as it took advantage of the airline's recent share price gains as a result of the lower fuel price and its improved financial position.

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