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Bank of America Increases Stake in DS Smith
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Bank of America Increases Stake in DS Smith

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DS Smith ( (GB:SMDS) ) just unveiled an update.

DS Smith PLC has announced that Bank of America Corporation has increased its voting rights in the company to 5.796098%, crossing the previous threshold of 5.650308%. This change in voting rights signifies a notable shift in shareholder dynamics, potentially affecting the company’s strategic decision-making and stakeholder influence.

More about DS Smith

DS Smith PLC is a leading packaging company based in the United Kingdom, specializing in the design and manufacture of sustainable packaging solutions. The company operates within the packaging industry, focusing on providing innovative and environmentally friendly packaging products primarily for consumer goods, e-commerce, and industrial markets.

YTD Price Performance: 82.73%

Average Trading Volume: 6,791,938

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £7.54B

See more data about SMDS stock on TipRanks’ Stock Analysis page.

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