tiprankstipranks
Norges Bank Increases Stake in International Distributions Services PLC
Company Announcements

Norges Bank Increases Stake in International Distributions Services PLC

Story Highlights

Invest with Confidence:

The latest update is out from International Distributions Services ( (GB:IDS) ).

International Distributions Services PLC, a UK-based company, has been notified of a change in ownership of voting rights by Norges Bank. Norges Bank, based in Oslo, Norway, has increased its stake to 3.173% of the voting rights in International Distributions Services PLC as of January 22, 2025. This increase in voting rights from a previous position of 2.998% could potentially influence company decisions and strategies, impacting shareholders and the company’s market position.

More about International Distributions Services

YTD Price Performance: -0.76%

Average Trading Volume: 132

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $4.32B

Learn more about IDS stock on TipRanks’ Stock Analysis page.

Related Articles
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