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An update from DS Smith ( (GB:SMDS) ) is now available.
DS Smith Plc has announced that the Court has sanctioned its merger with International Paper Company, which will see the latter acquire all of DS Smith’s share capital through a Court-sanctioned scheme of arrangement. As a result of this merger, several share options and awards under DS Smith’s various share plans have vested and been exercised by key managerial personnel, impacting the overall share distribution and potentially altering stakeholder positions.
More about DS Smith
DS Smith Plc operates in the packaging industry, specializing in providing sustainable and innovative packaging solutions. The company focuses on creating products that are environmentally friendly and cater to a wide range of markets including retail, consumer goods, and e-commerce.
YTD Price Performance: 8.58%
Average Trading Volume: 6,869,178
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.11B
Find detailed analytics on SMDS stock on TipRanks’ Stock Analysis page.
