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Ricardo PLC Announces Change in Major Holdings

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Ricardo PLC Announces Change in Major Holdings

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Ricardo ( (GB:RCDO) ) has shared an update.

Ricardo PLC has announced a change in its major holdings, with Gresham House Asset Management Limited increasing its voting rights in the company to 23.18%, up from a previous 22.50%. This acquisition of voting rights signifies a strengthened position for Gresham House within Ricardo, potentially impacting the company’s strategic decisions and shareholder dynamics.

More about Ricardo

Ricardo PLC operates in the engineering and environmental consultancy industry, providing a range of services including strategic consulting, technical expertise, and innovative solutions to enhance efficiency and sustainability across various sectors.

YTD Price Performance: -39.78%

Average Trading Volume: 719,856

Technical Sentiment Signal: Buy

Current Market Cap: £161.1M

For a thorough assessment of RCDO stock, go to TipRanks’ Stock Analysis page.

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