Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
The latest update is out from THG ( (GB:THG) ).
THG PLC announced the successful passing of a special resolution at its General Meeting regarding the B Share Redesignation and the distribution of Ingenuity Shares. The approval allows for the redesignation of Ordinary Shares into B Shares and the subsequent distribution of Ingenuity Shares to B Shareholders. This development is a significant step in THG’s strategic demerger process, expected to impact the company’s share structure and stakeholder investments. The company anticipates the completion of share redesignation and distribution by early January 2025, maintaining its previously announced timetable.
More about THG
YTD Price Performance: -46.78%
Average Trading Volume: 4,684,375
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £760.7M
See more data about THG stock on TipRanks’ Stock Analysis page.
