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B&M European Value Retail SA ( (GB:BME) ) has shared an update.
B&M European Value Retail SA has experienced a change in the nature of its holdings due to security lending, as reported by GIC Private Limited, based in Singapore. The notification indicates a new composition of voting rights, with GIC’s shareholding adjusted to reflect 7.03% of total voting rights, down from a previous position of 7.14%. This adjustment could affect the company’s governance dynamics as it involves a notable stakeholder with substantial voting influence.
More about B&M European Value Retail SA
B&M European Value Retail SA operates in the retail industry, focusing on value retailing of a wide range of products including food and general merchandise across its stores. The company serves as a discount retailer, primarily targeting budget-conscious consumers in the European market.
YTD Price Performance: -13.90%
Average Trading Volume: 6,149,904
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.17B
Learn more about BME stock on TipRanks’ Stock Analysis page.
