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DS Smith Announces Major Shareholding Notification by Bank of America

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DS Smith Announces Major Shareholding Notification by Bank of America

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DS Smith ( (GB:SMDS) ) just unveiled an update.

DS Smith PLC, a UK-based company, reported a legal entity level crossing concerning major holdings by Bank of America Corporation. The notification highlights that the crossing occurred on January 2, 2025, with the company being informed a day later. The total voting rights held by Bank of America Corporation and its affiliated entities, such as Merrill Lynch International, now amount to 6.001593%, indicating strategic positioning in DS Smith’s corporate structure.

More about DS Smith

YTD Price Performance: 1.11%

Average Trading Volume: 6,208,746

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £7.55B

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

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