DS Smith (GB:SMDS) has released an update.
JPMorgan Chase & Co. has adjusted its stake in DS Smith PLC, crossing the notification threshold on May 8, 2024, and reporting ownership of just over 5% of the company’s voting rights through shares and financial instruments. The total number of voting rights now held by JPMorgan Chase amounts to approximately 70 million. This move could signal a strategic shift in JPMorgan Chase & Co.’s investment strategy regarding DS Smith.
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