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Marathon Asset Management Adjusts Stake in WH Smith
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Marathon Asset Management Adjusts Stake in WH Smith

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The latest announcement is out from WH Smith ( (GB:SMWH) ).

Marathon Asset Management Limited has notified WH Smith PLC of an acquisition or disposal resulting in a voting rights threshold being crossed. As of January 7, 2025, Marathon Asset Management holds 5.015437% of voting rights in WH Smith through indirect holdings amounting to 6,515,804 shares. This change reflects Marathon’s control over a number of funds and accounts, although some shares remain without voting authority. Such a shift could influence WH Smith’s strategic directions or stakeholder dynamics.

More about WH Smith

WH Smith PLC is a UK-based company that operates in the retail industry. The company primarily offers books, stationery, newspapers, and convenience products through its network of stores, with a significant focus on travel locations such as airports and railway stations.

YTD Price Performance: -3.36%

Average Trading Volume: 271,301

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.47B

For detailed information about SMWH stock, go to TipRanks’ Stock Analysis page.

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