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Citigroup Acquires Significant Stake in DS Smith, Impacting Voting Rights

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DS Smith ( (GB:SMDS) ) has shared an announcement.

DS Smith PLC has announced a significant change in its voting rights structure following a notification from Citigroup Global Markets Limited. Citigroup has acquired a total voting right percentage of 5.083920% in DS Smith, highlighting a potential shift in shareholder influence and company governance. This change in holdings could impact DS Smith’s decision-making processes and reflects Citigroup’s strategic interest in the packaging industry.

More about DS Smith

DS Smith PLC is a UK-based company operating in the packaging industry. It specializes in the production of sustainable and innovative packaging solutions primarily for consumer goods, e-commerce, and industrial sectors.

YTD Price Performance: 8.76%

Average Trading Volume: 5,348,453

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.12B

Find detailed analytics on SMDS stock on TipRanks’ Stock Analysis page.

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