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Van Lanschot Kempen Increases Stake in XP Power

Story Highlights
  • XP Power Ltd provides power conversion products for industrial, healthcare, and technology markets.
  • Van Lanschot Kempen raised its voting rights in XP Power to 11.21%, influencing company strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Van Lanschot Kempen Increases Stake in XP Power

XP Power ( (GB:XPP) ) just unveiled an announcement.

Van Lanschot Kempen Investment Management NV has increased its voting rights in XP Power Ltd to 11.21%, up from a previous position of 6.03%. This acquisition of voting rights indicates a significant shift in stakeholder influence within the company, potentially impacting its strategic decisions and market positioning.

More about XP Power

XP Power Ltd is a company operating in the power solutions industry, focusing on providing power conversion products. These products are essential for various sectors, including industrial, healthcare, and technology markets, where reliable power supply is critical.

YTD Price Performance: -25.73%

Average Trading Volume: 44,198

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £228.2M

See more insights into XPP stock on TipRanks’ Stock Analysis page.

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