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Johnson Matthey’s Voting Rights Shift Due to Bank of America Transaction
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Johnson Matthey’s Voting Rights Shift Due to Bank of America Transaction

Story Highlights
  • Johnson Matthey operates in sustainable technologies, focusing on advanced materials.
  • Bank of America now holds 14.01% of Johnson Matthey’s voting rights, up from 13.54%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

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

Johnson Matthey PLC has announced a significant change in the voting rights structure due to a transaction involving Bank of America Corporation. The adjustment results in Bank of America holding 14.01% of total voting rights in Johnson Matthey, marking an increase from a previous position of 13.54%. This transaction could impact the company’s governance and decision-making processes, potentially influencing its strategic direction.

More about Johnson Matthey

Johnson Matthey is a UK-based company primarily engaged in the industry of sustainable technologies, focusing on the development of advanced materials for catalytic converters, pharmaceuticals, and other chemical products. The company is listed on the London Stock Exchange under the ticker JMAT.

YTD Price Performance: -2.76%

Average Trading Volume: 754,627

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.18B

For an in-depth examination of JMAT stock, go to TipRanks’ Stock Analysis page.

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