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Babcock International: Change in Major Holdings by Cobas Asset Management
Company Announcements

Babcock International: Change in Major Holdings by Cobas Asset Management

Story Highlights
  • Babcock International operates in engineering, serving defense and nuclear sectors.
  • Cobas Asset Management reduced its voting rights in Babcock from 3.007670% to 2.930967%.
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The latest update is out from Babcock International ( (GB:BAB) ).

Babcock International Group PLC has announced a change in the voting rights held by Cobas Asset Management, an investment firm based in Madrid, Spain. The firm has reduced its stake in Babcock’s voting rights from 3.007670% to 2.930967%, as of February 6, 2025. This change may influence the company’s shareholder dynamics and decision-making processes, potentially affecting its strategic direction.

More about Babcock International

Babcock International Group PLC is a UK-based company operating in the engineering sector, primarily focused on delivering complex and critical support services to the defense, emergency services, and civil nuclear sectors. The company offers a variety of services including engineering support, training, and infrastructure management, primarily catering to government and large commercial clients.

YTD Price Performance: 15.48%

Average Trading Volume: 752,010

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.91B

For a thorough assessment of BAB stock, go to TipRanks’ Stock Analysis page.

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