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Spectris PLC Announces Change in Voting Rights Structure

Story Highlights
  • Spectris PLC sees a change in voting rights due to Wellington Management’s acquisition.
  • Wellington Management now holds 5.01% of Spectris’s voting rights, indicating increased influence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spectris PLC Announces Change in Voting Rights Structure

Spectris ( (GB:SXS) ) has shared an update.

Spectris PLC, a UK-based company, has announced a change in its voting rights structure due to an acquisition or disposal by Wellington Management Group LLP, a Boston-based investment management firm. The notification indicates that Wellington Management Group LLP now holds 5.01% of the voting rights in Spectris, crossing a significant threshold. This change in voting rights could potentially impact Spectris’s governance and decision-making processes, reflecting Wellington’s increased influence within the company.

More about Spectris

YTD Price Performance: 0.40%

Average Trading Volume: 216,829

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.49B

See more insights into SXS stock on TipRanks’ Stock Analysis page.

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