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THG ( (GB:THG) ) has provided an announcement.
THG PLC, a UK-based company, has announced a significant change in its shareholder structure. Frasers Group Plc, led by Michael Ashley, has increased its stake in THG PLC to 10.93% from a previous 6.10%, marking a notable acquisition of voting rights. This move could potentially impact THG’s strategic decisions and influence its market positioning, given Frasers Group’s substantial voting power.
More about THG
YTD Price Performance: -25.21%
Average Trading Volume: 6,523,905
Technical Sentiment Signal: Buy
Current Market Cap: £518.9M
For a thorough assessment of THG stock, go to TipRanks’ Stock Analysis page.