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Morgan Stanley Increases Stake in DS Smith PLC

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Morgan Stanley Increases Stake in DS Smith PLC

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DS Smith ( (GB:SMDS) ) has shared an update.

DS Smith PLC, a UK-based company, has announced a change in the voting rights threshold due to an acquisition or disposal by Morgan Stanley. This development highlights Morgan Stanley’s increased stake in DS Smith, now holding a total of 6.046065% voting rights, up from the previous 5.142225%. This change in shareholding may influence DS Smith’s strategic decision-making and could have implications for stakeholders regarding future company direction.

More about DS Smith

YTD Price Performance: 8.58%

Average Trading Volume: 6,869,178

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.11B

For detailed information about SMDS stock, go to TipRanks’ Stock Analysis page.

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