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BT Group plc ( ($GB:BT.A) ) has issued an announcement.
BT Group PLC has announced a change in its major holdings due to Morgan Stanley’s acquisition or disposal of financial instruments. As of December 6, 2024, Morgan Stanley holds a total of 7.791683% of voting rights in BT Group, down from a previous position of 9.046742%. This adjustment in holdings could influence BT Group’s strategic decisions and impact shareholder dynamics, given Morgan Stanley’s significant stake in the company.
More about BT Group plc
BT Group PLC is a major telecommunications company based in the UK, primarily offering fixed-line services, broadband, and subscription television services. The company focuses on providing communication services to both consumer and business markets.
YTD Price Performance: 30.09%
Average Trading Volume: 18,881,670
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.07B
For a thorough assessment of BT.A stock, go to TipRanks’ Stock Analysis page.