DS Smith Sees Major Stake Acquired by JPMorgan
Company Announcements

DS Smith Sees Major Stake Acquired by JPMorgan

DS Smith (GB:SMDS) has released an update.

DS Smith PLC has announced a notable change in its shareholder structure, with JPMorgan Chase & Co. crossing a threshold of voting rights on July 23, 2024. This financial maneuver resulted in JPMorgan Chase & Co. acquiring a combined total of 6.205716% of voting rights, an increase from the previous notification. The notification, completed on July 26, 2024, in London, included details on indirect voting rights and financial instruments, such as cash-settled equity swaps.

For further insights into GB:SMDS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskJPMorgan Increases Stake in DS Smith
TipRanks UK Auto-Generated NewsdeskUBS Adjusts Stake in DS Smith PLC
TipRanks UK Auto-Generated NewsdeskJPMorgan Expands Stake in DS Smith PLC
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App