Capital Group Ups Stake in Smurfit Kappa

Smurfit Kappa (GB:SKG) has released an update.

The Capital Group Companies, Inc. has increased its stake in Smurfit Kappa Group PLC, crossing the 4% threshold of total voting rights as of May 29, 2024. The new holding, which totals 4.20% when combined with voting rights through financial instruments, represents a significant investment move by the Los Angeles-based investment management company. This change in ownership was officially notified to Smurfit Kappa and the Central Bank of Ireland the following day.

For further insights into GB:SKG stock, check out TipRanks’ Stock Analysis page.

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