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Johnson Matthey Sees Major Stake Acquisition by Bank of America

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Johnson Matthey Sees Major Stake Acquisition by Bank of America

Johnson Matthey ( (GB:JMAT) ) has provided an update.

Johnson Matthey Plc announced a significant change in its shareholder structure, with Bank of America Corporation acquiring a notable stake through financial instruments, bringing its total voting rights to 14.03%. This change in holdings could influence the company’s market dynamics and stakeholder interests, highlighting the strategic importance of financial instruments in corporate governance.

More about Johnson Matthey

Johnson Matthey Plc is a UK-based company listed on the London Stock Exchange, known for its focus on sustainable technologies, particularly in the fields of automotive emission controls, chemicals, and materials. The company is registered in England & Wales and holds a Legal Entity Identifier number.

YTD Price Performance: 9.48%

Average Trading Volume: 711,021

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £2.45B

For detailed information about JMAT stock, go to TipRanks’ Stock Analysis page.

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