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Pennon Group plc ( (GB:PNN) ) has provided an announcement.
Pennon Group plc has announced a change in voting rights due to an acquisition or disposal by JPMorgan Chase & Co. As of February 13, 2025, JPMorgan’s voting rights in Pennon Group have fallen below the minimum threshold, which signifies a reduced influence on company decisions. This shift may impact Pennon’s strategic direction as large stakeholders play a crucial role in shaping corporate governance.
More about Pennon Group plc
Pennon Group plc is a UK-based utility company primarily focused on water management and wastewater services. It operates prominently within the utilities industry, serving both domestic and commercial markets in the United Kingdom.
YTD Price Performance: 4.91%
Average Trading Volume: 1,783,492
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.25B
See more insights into PNN stock on TipRanks’ Stock Analysis page.
