DS Smith Sees UBS Boost Its Voting Stake

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

DS Smith PLC has seen a notable change in its shareholder structure, as UBS Group AG, through its investment bank and wealth management arms, now holds a 6.15% voting rights stake in the company. This acquisition marks a significant increase from a previously non-existent position and highlights UBS’s growing influence in DS Smith’s corporate decisions.

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