Smurfit Kappa (GB:SKG) has released an update.
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In a significant financial move, Bank of America Corporation has crossed a notable threshold in its holdings of Smurfit Kappa Group PLC, reaching a combined total of 6.199% in voting rights as of July 2, 2024. This change in stake was primarily due to both an acquisition of shares and financial instruments, with a substantial portion arising from various swap transactions. The company, which now holds over 9 million voting rights directly and through financial instruments, notified Smurfit Kappa Group PLC of this development on July 4, 2024.
For further insights into GB:SKG stock, check out TipRanks’ Stock Analysis page.
