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Castings ( (GB:CGS) ) has issued an announcement.
Castings PLC, a UK-based company, has announced a significant change in its shareholder structure. Ameriprise Financial, Inc., a financial services company headquartered in Minneapolis, USA, now holds 15.495% of the voting rights in Castings PLC through its subsidiary, Threadneedle Asset Management Limited. This acquisition indicates a strategic investment by Ameriprise Financial, potentially impacting Castings PLC’s future decisions and market positioning.
More about Castings
YTD Price Performance: 8.95%
Average Trading Volume: 62,979
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £121.7M
Learn more about CGS stock on TipRanks’ Stock Analysis page.