DS Smith ( (GB:SMDS) ) has shared an update.
DS Smith PLC, a UK-based company, has announced a change in the voting rights threshold due to an acquisition or disposal by Morgan Stanley. This development highlights Morgan Stanley’s increased stake in DS Smith, now holding a total of 6.046065% voting rights, up from the previous 5.142225%. This change in shareholding may influence DS Smith’s strategic decision-making and could have implications for stakeholders regarding future company direction.
More about DS Smith
YTD Price Performance: 8.58%
Average Trading Volume: 6,869,178
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.11B
For detailed information about SMDS stock, go to TipRanks’ Stock Analysis page.