Smurfit Kappa (GB:SKG) has released an update.
Don't Miss Our Christmas 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
In a recent notification, Smurfit Kappa Group PLC announced that UBS Group AG’s holdings have decreased below the threshold that necessitates disclosure. On June 20, 2024, UBS’s voting rights in Smurfit Kappa fell to a mere 0.001%, prompting the notification. This marks a significant drop from the previous notification where UBS held a combined 5.41% of voting rights through shares and financial instruments.
For further insights into GB:SKG stock, check out TipRanks’ Stock Analysis page.