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THG ( (GB:THG) ) just unveiled an announcement.
THG PLC has announced a change in its shareholder structure, with Frasers Group Plc increasing its voting rights in the company to 5.006788% as of February 4, 2025. This acquisition, up from a previous position of 4.777152%, may have strategic implications for THG’s governance and future business strategies, reflecting Frasers Group’s growing influence within the company.
More about THG
THG PLC is a UK-based company operating in the e-commerce and technology sector, primarily focusing on online retailing and direct-to-consumer services. Its market presence is significant in beauty, nutrition, and wellness products, where it leverages its technology to enhance consumer experiences.
YTD Price Performance: -15.30%
Average Trading Volume: 5,043,332
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £569.8M
For an in-depth examination of THG stock, go to TipRanks’ Stock Analysis page.
