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Foxtons ( (GB:FOXT) ) just unveiled an update.
Foxtons Group PLC has announced a change in the ownership of its voting rights following an acquisition by Azvalor Asset Management SGIIC SA. The transaction increased Azvalor’s stake to 5.048% from a previous 3.131%, reflecting a significant increase in voting power within the company. This change, effective as of 14 July 2023, could potentially impact the company’s decision-making processes and strategic direction, given the enhanced influence of Azvalor within its shareholder structure.
More about Foxtons
Foxtons Group PLC operates within the real estate industry, primarily focusing on estate agency services in the UK. The company is known for its estate agency operations, which include residential property sales and lettings, as well as property management services.
YTD Price Performance: -5.51%
Average Trading Volume: 439,535
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £198.1M
For an in-depth examination of FOXT stock, go to TipRanks’ Stock Analysis page.
