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The latest announcement is out from DS Smith ( (GB:SMDS) ).
UBS Group AG recently reduced its trading book holdings in DS Smith PLC, bringing its ownership stake below 5%. This change in holdings exempts UBS from further reporting obligations, indicating a reduced influence in the company’s voting rights. This development may affect DS Smith’s shareholder structure and could have implications for its market positioning and stakeholder interests.
More about DS Smith
DS Smith PLC is a UK-based company that operates in the packaging industry, providing sustainable packaging solutions, paper products, and recycling services. Its market focus includes serving large-scale consumer goods, e-commerce, and other industrial sectors with eco-friendly packaging options.
YTD Price Performance: 10.98%
Average Trading Volume: 5,380,425
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.29B
Find detailed analytics on SMDS stock on TipRanks’ Stock Analysis page.
