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Invesco Ltd. Reduces Voting Stake in Secure Trust Bank

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Invesco Ltd. Reduces Voting Stake in Secure Trust Bank

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Secure Trust Bank ( (GB:STB) ) just unveiled an announcement.

Secure Trust Bank PLC announced a notification of major holdings, revealing that Invesco Ltd. has crossed a significant threshold in voting rights, now holding 4.363847% indirectly. Previously, they held 9.67%, indicating a reduction in their voting rights. This change may have implications for STB’s governance and shareholder dynamics, as adjustments in voting rights can signal strategic shifts or changes in stakeholder influence.

More about Secure Trust Bank

Secure Trust Bank PLC (STB) is a well-established UK retail bank with over 70 years of experience. Based in Solihull, West Midlands, the bank employs 897 full-time equivalent staff as of September 2024. STB’s operations are primarily in business finance through its Real Estate Finance and Commercial Finance divisions, and consumer finance through its Vehicle Finance and Retail Finance divisions. The bank is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority and the Prudential Regulation Authority.

YTD Price Performance: 29.01%

Average Trading Volume: 165,551

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £88.05M

Learn more about STB stock on TipRanks’ Stock Analysis page.

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