tiprankstipranks
Barclays Increases Stake in Spirent Communications
Company Announcements

Barclays Increases Stake in Spirent Communications

Story Highlights

Stay Ahead of the Market:

Spirent Communications ( (GB:SPT) ) has provided an update.

Spirent Communications PLC has announced a change in the voting rights within the company, with Barclays PLC acquiring a greater percentage of these rights. The acquisition reflects Barclays’ increased investment in Spirent, potentially influencing the company’s strategic decisions and market influence. This development is significant for stakeholders as it may impact future governance and operational strategies.

More about Spirent Communications

Spirent Communications PLC is a UK-based technology company specializing in providing test and measurement solutions. Their primary services are focused on ensuring the performance and security of networks and devices, which positions them as a key player in the telecommunications and IT sectors.

YTD Price Performance: 43.55%

Average Trading Volume: 1,781,838

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.01B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App