An announcement from DS Smith ( (GB:SMDS) ) is now available.
DS Smith PLC has announced a change in its voting rights, with UBS Group AG increasing its stake to 8.826402% from a previous 7.319606%. This development indicates a significant acquisition of voting rights by UBS Group AG, potentially impacting DS Smith’s governance and strategic decisions, reflecting UBS’s heightened interest and influence within the company.
More about DS Smith
DS Smith PLC is a UK-based company operating in the packaging industry, specializing in manufacturing sustainable packaging solutions. The company focuses on providing innovative packaging services to a wide range of industries, including retail, consumer goods, and e-commerce, with an emphasis on environmental responsibility and recycling.
YTD Price Performance: 7.47%
Average Trading Volume: 10,866,440
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.03B
For detailed information about SMDS stock, go to TipRanks’ Stock Analysis page.