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Bank of America Increases Stake in DS Smith

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Bank of America Increases Stake in DS Smith

The latest update is out from DS Smith ( (GB:SMDS) ).

DS Smith PLC, a UK-based company, has been notified of a significant change in voting rights held by Bank of America Corporation. As of January 29, 2025, Bank of America has increased its total voting rights in DS Smith to 6.935011%, up from a previous 6.000052%. This change reflects a legal entity level crossing and is indicative of Bank of America’s growing influence in the company.

More about DS Smith

YTD Price Performance: 8.58%

Average Trading Volume: 6,869,178

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.11B

Find detailed analytics on SMDS stock on TipRanks’ Stock Analysis page.

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