tiprankstipranks
Trending News
More News >

Morgan Stanley Reduces Stake in Canal+, Triggers Trading Book Exemption

Story Highlights
Morgan Stanley Reduces Stake in Canal+, Triggers Trading Book Exemption

Don’t Miss TipRanks’ Half-Year Sale

Canal+ ( (GB:CAN) ) has provided an announcement.

Canal+ has announced a significant change in its shareholder structure as Morgan Stanley’s holding in the company has fallen below the 5% threshold, prompting the application of a trading book exemption. This adjustment in holdings, effective as of May 12, 2025, reflects a strategic shift in Morgan Stanley’s investment approach, potentially impacting Canal+’s market dynamics and shareholder composition.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

More about Canal+

Canal+ is a company operating in the media and entertainment industry, primarily known for providing television services and content distribution. It focuses on delivering a wide range of media content, including films, series, and sports, to a diverse audience.

Average Trading Volume: 2,479,331

Current Market Cap: £1.74B

See more data about CAN 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
1