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Pennon Group plc ( (GB:PNN) ) has provided an update.
Pennon Group PLC, a UK-based utility company, has announced a significant change in its shareholder composition. Bank of America Corporation has reduced its shareholding in Pennon Group, crossing a threshold that necessitated notification. This change involves a notable reduction in both direct and indirect voting rights, potentially impacting the company’s governance and influence from major stakeholders.
More about Pennon Group plc
YTD Price Performance: -0.20%
Average Trading Volume: 1,707,952
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.14B
See more data about PNN stock on TipRanks’ Stock Analysis page.