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Telecom Plus ( (GB:TEP) ) just unveiled an update.
Telecom Plus PLC, a UK-based company, has experienced a change in its major holdings as JPMorgan Asset Management Holdings Inc. has crossed a 5% threshold in voting rights, indicating a significant stake in the company. This acquisition was completed on January 23, 2025, and reflects JPMorgan’s increased influence within the company, with a total of 5.003575% of voting rights now in their control. The transaction signifies a strategic move by JPMorgan to strengthen its position in the telecom sector, potentially impacting the company’s decision-making processes and future strategy.
More about Telecom Plus
YTD Price Performance: -5.94%
Average Trading Volume: 131,401
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.28B
Learn more about TEP stock on TipRanks’ Stock Analysis page.
