tiprankstipranks
Secure Trust Bank’s Major Shareholding Update by UBS Group
Company Announcements

Secure Trust Bank’s Major Shareholding Update by UBS Group

Story Highlights

Don't Miss Our Christmas Offers:

Secure Trust Bank ( (GB:STB) ) has provided an announcement.

Secure Trust Bank PLC has announced a change in major holdings, with UBS Group AG crossing a threshold of 5.39% in voting rights as of December 19, 2024. This adjustment reflects UBS’s increased influence over the bank’s strategic decisions, potentially impacting Secure Trust Bank’s market positioning and stakeholder interests.

More about Secure Trust Bank

Secure Trust Bank PLC is a well-established UK retail bank with over 70 years of history, primarily operating from Solihull, West Midlands. The bank employs 897 full-time equivalent staff as of September 2024 and focuses on business finance through its Real Estate Finance and Commercial Finance divisions, as well as consumer finance via its Vehicle Finance and Retail Finance divisions.

YTD Price Performance: -48.91%

Average Trading Volume: 170,578

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £63.92M

For an in-depth examination of STB stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskSecure Trust Bank: UBS Voting Rights Update
TipRanks UK Auto-Generated NewsdeskAnn Berresford Appointed to Albion Crown VCT Board
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App