Capital Group Reduces Stake in Smurfit Kappa
Company Announcements

Capital Group Reduces Stake in Smurfit Kappa

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

Capital Group Companies, Inc. has decreased its stake in Smurfit Kappa Group PLC below the 3% threshold, reflecting a change in major holdings, with a resulting aggregate voting power of 4.29%. The reduction in stake by the investment firm, which manages a vast portfolio of mutual funds and serves high net worth clients, signifies a notable shift in their investment strategy regarding Smurfit Kappa.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskGoldman Sachs Ups Stake in Smurfit Kappa Group
TipRanks UK Auto-Generated NewsdeskJPMorgan Chase Ups Stake in Smurfit Kappa
TipRanks UK Auto-Generated NewsdeskMillennium Group Surpasses 5% Stake in Smurfit Kappa
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App