tiprankstipranks
Trending News
More News >

Frasers Group Increases Stake in Marks Electrical Group

Story Highlights
Frasers Group Increases Stake in Marks Electrical Group

Marks Electrical Group Plc ( (GB:MRK) ) has shared an update.

Frasers Group Plc has increased its stake in Marks Electrical Group Plc, raising its voting rights from 8.08% to 10.47%. This acquisition signifies a strategic move by Frasers Group to strengthen its influence within the company, potentially affecting Marks Electrical’s market positioning and stakeholder dynamics.

More about Marks Electrical Group Plc

Marks Electrical Group Plc is a UK-based company operating in the electrical retail industry, offering a range of electrical products and appliances to consumers.

YTD Price Performance: 5.66%

Average Trading Volume: 174,978

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £58.77M

See more data about MRK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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