Barclays Adjusts Holdings in Pennon Group to 5.53%

Story Highlights
  • Pennon Group PLC has seen a change in major holdings due to Barclays PLC’s actions.
  • Barclays PLC now holds 5.53% of voting rights in Pennon Group, affecting shareholder dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Barclays Adjusts Holdings in Pennon Group to 5.53%

An announcement from Pennon Group plc ( (GB:PNN) ) is now available.

Pennon Group PLC, a UK-based issuer, has experienced a change in major holdings due to the acquisition or disposal of financial instruments by Barclays PLC. Barclays, through its controlled undertakings, has adjusted its position in Pennon Group, resulting in a total holding of 5.53% of voting rights as of 19 February 2025. This adjustment signifies a strategic move by Barclays PLC, potentially impacting Pennon’s shareholder dynamics and market perception.

More about Pennon Group plc

YTD Price Performance: -2.49%

Average Trading Volume: 1,803,677

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.09B

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

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