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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.