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THG ( (GB:THG) ) has issued an update.
THG PLC has completed a significant demerger, redistributing its share structure and enhancing shareholder value. The completion of the demerger process means shareholders who participated now hold Ingenuity Shares, while those who did not see an increased proportion of Ordinary Shares in the company.
More about THG
THG PLC, also known as The Hut Group, operates in the e-commerce sector, focusing mainly on health, beauty, and lifestyle products. The company leverages its proprietary technology platform, THG Ingenuity, to offer integrated e-commerce solutions and enhance its market presence.
Average Trading Volume: 4,610,160
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £755M
Learn more about THG stock on TipRanks’ Stock Analysis page.
