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McBride PLC Announces Change in Major Shareholder Holdings

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McBride PLC Announces Change in Major Shareholder Holdings

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McBride ( (GB:MCB) ) has provided an announcement.

McBride PLC has announced a change in its major holdings, with DUMAC, Inc. now holding 12.972% of voting rights after a recent acquisition. This adjustment marks a slight decrease from the previous holding of 13.976%. The transaction involves Blackwell Partners LLC and Gothic Corporation, both based in Durham, USA, reflecting DUMAC’s consolidated control over a significant portion of McBride’s shares. This shift could influence McBride’s strategic decisions and stakeholder engagements as the company navigates its market presence.

More about McBride

McBride PLC is a UK-based company operating in the manufacturing sector, primarily focused on producing and supplying household and personal care products. The company serves a broad market, catering to both domestic and international consumers with a range of branded and private label products.

YTD Price Performance: 45.50%

Average Trading Volume: 294,353

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £266.2M

Find detailed analytics on MCB stock on TipRanks’ Stock Analysis page.

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