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Barclays Increases Stake in Spirent Communications
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Barclays Increases Stake in Spirent Communications

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Spirent Communications ( (GB:SPT) ) just unveiled an update.

Spirent Communications PLC has announced that Barclays PLC has increased its voting rights in the company to 11.56%, up from a previous 11.06%. This change, resulting from an acquisition or disposal of voting rights, indicates a strengthened position for Barclays in the company’s shareholder structure. The increase in voting rights could have implications for Spirent’s governance and strategic direction, potentially affecting its operations and market positioning.

More about Spirent Communications

Spirent Communications PLC operates in the communications industry, focusing on providing testing, assurance, and analytics solutions for next-generation devices and networks. The company is particularly involved in areas such as 5G, cloud, and cybersecurity, aiming to support the development and deployment of cutting-edge communication technologies.

YTD Price Performance: 45.17%

Average Trading Volume: 1,780,188

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.02B

See more insights into SPT stock on TipRanks’ Stock Analysis page.

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