DS Smith PLC Sees Shift in Voting Rights with UBS Acquisition

DS Smith ( (GB:SMDS) ) has issued an update.

DS Smith PLC has announced a change in its voting rights structure following the acquisition of voting rights by UBS Group AG. As of January 29, 2025, UBS Group AG’s Investment Bank & Global Wealth Management division acquired a significant shareholding, crossing the threshold to hold a total of 7.319606% of DS Smith’s voting rights. This change could impact DS Smith’s stakeholder dynamics and influence its strategic decisions moving forward.

More about DS Smith

DS Smith PLC is a UK-based company primarily engaged in the packaging industry. The company specializes in providing sustainable packaging solutions, focusing on corrugated packaging products and recycling services, catering to various market sectors including retail, e-commerce, and fast-moving consumer goods.

YTD Price Performance: 8.58%

Average Trading Volume: 6,869,178

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.11B

For detailed information about SMDS stock, go to TipRanks’ Stock Analysis page.