Lazard Adjusts Stake in Eutelsat Communications

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Lazard Adjusts Stake in Eutelsat Communications

An announcement from Eutelsat Communications ( (FR:ETL) ) is now available.

Lazard Asset Management LLC has acquired or disposed of voting rights in Eutelsat Communications, reaching a 5.04% stake in the company. This transaction could impact Eutelsat’s governance and influence its strategic decisions, reflecting potential shifts in shareholder dynamics and market perception.

More about Eutelsat Communications

Eutelsat Communications is a significant player in the satellite communication industry, providing a range of satellite services and solutions globally. They focus on delivering broadcasting, internet connectivity, and satellite-based services to a diverse market comprising media, telecom, and government sectors.

YTD Price Performance: -4.35%

Average Trading Volume: 1,320

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.03B

See more insights into ETL stock on TipRanks’ Stock Analysis page.

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