The latest update is out from ConvaTec ( (GB:CTEC) ).
ConvaTec Group PLC, a UK-based company, has announced a change in its major holdings. FIL Limited, registered in Bermuda, has increased its voting rights in ConvaTec to 6.2098% from a previous 5.1%, crossing the 5% threshold. This acquisition of voting rights by FIL Limited, through its controlled undertaking FIL Investments International, indicates a significant stake in ConvaTec, potentially impacting the company’s governance and strategic decisions.
More about ConvaTec
YTD Price Performance: 16.64%
Average Trading Volume: 5,567,754
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.32B
For an in-depth examination of CTEC stock, go to TipRanks’ Stock Analysis page.