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Ricardo ( (GB:RCDO) ) has issued an announcement.
Ricardo PLC has announced a change in its voting rights structure following an acquisition by Science Group plc, which now holds 19.086% of the voting rights, up from a previous 17.324%. This change in shareholding could impact Ricardo’s strategic direction and influence its decision-making processes, potentially affecting stakeholders and the company’s market positioning.
More about Ricardo
Ricardo PLC is a UK-based company operating in the engineering and environmental consultancy industry. The company specializes in providing innovative solutions and services across various sectors, including automotive, energy, and transportation, focusing on sustainability and technological advancements.
YTD Price Performance: -38.82%
Average Trading Volume: 737,991
Technical Sentiment Signal: Strong Buy
Current Market Cap: £158.6M
Learn more about RCDO stock on TipRanks’ Stock Analysis page.