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Morgan Stanley Increases Stake in DS Smith PLC

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Morgan Stanley Increases Stake in DS Smith PLC

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An announcement from DS Smith ( (GB:SMDS) ) is now available.

Morgan Stanley has recently crossed a threshold of voting rights in DS Smith PLC, now holding a total of 5.14% of the company’s voting rights. This acquisition indicates a significant stake by Morgan Stanley, potentially impacting decisions within DS Smith and reflecting strategic interest from a major financial institution.

More about DS Smith

DS Smith PLC is a leading provider in the packaging industry, focusing on sustainable and innovative packaging solutions. The company operates primarily in the UK and serves a diverse range of markets with its comprehensive packaging products and services.

YTD Price Performance: 8.76%

Average Trading Volume: 5,348,453

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.12B

Learn more about SMDS stock on TipRanks’ Stock Analysis page.

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