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Citigroup Divests Voting Rights in Pinewood Technologies
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Citigroup Divests Voting Rights in Pinewood Technologies

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Pinewood Technologies ( (GB:PINE) ) has shared an update.

Pinewood Technologies Group PLC, a UK-based company, has recently undergone a change in its voting rights ownership as Citigroup Global Markets Limited has disposed of its previous voting rights in the company. This change was made official on December 18, 2024, and Pinewood was notified on December 19, 2024. The disposal resulted in Citigroup holding 0% of voting rights, indicating a significant divestment from Pinewood Technologies, potentially affecting the company’s shareholder structure and market positioning.

More about Pinewood Technologies

YTD Price Performance: 42.22%

Average Trading Volume: 306,200

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £289.7M

For an in-depth examination of PINE stock, go to TipRanks’ Stock Analysis page.

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