tiprankstipranks

JPMorgan Chase Acquires Significant Stake in National Grid

JPMorgan Chase Acquires Significant Stake in National Grid

National Grid Transco (NGG) has released an update.

National Grid plc has announced that JPMorgan Chase & Co. has crossed a major threshold in its holdings of National Grid’s voting ordinary shares, now owning a total of 5.055749% as of June 7, 2024. This change in ownership was formally notified to the company on June 11, 2024, reflecting both direct voting rights and various financial instruments such as equity swaps.

For further insights into NGG stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App