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An announcement from DS Smith ( (GB:SMDS) ) is now available.
JPMorgan Chase & Co. has increased its voting rights in DS Smith PLC, reaching a total of 9.344033% as of December 13, 2024. This acquisition, involving both direct shares and financial instruments such as cash-settled equity swaps, signifies a notable shift in shareholder dynamics and could influence DS Smith’s strategic decisions and market positioning.
More about DS Smith
DS Smith PLC is a UK-based company primarily operating in the packaging and paper industry. The company specializes in manufacturing sustainable packaging solutions and paper products, aiming to cater to aglobal marketwith a focus on innovative and environmentally friendly offerings.
YTD Price Performance: 83.84%
Average Trading Volume: 6,561,733
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.49B
For a thorough assessment of SMDS stock, go to TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
