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UBS Cuts Stake in Revolution Beauty Below Reporting Threshold
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UBS Cuts Stake in Revolution Beauty Below Reporting Threshold

Revolution Beauty Group plc (GB:REVB) has released an update.

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UBS Group AG has reported that its trading book holdings in Revolution Beauty Group PLC have decreased below the 5% threshold, exempting it from further reporting obligations. The notification, dated August 30, 2024, indicates a significant change in UBS’s investment in the beauty company. Previously, UBS held a 6.208210% stake, which has now been fully divested.

For further insights into GB:REVB stock, check out TipRanks’ Stock Analysis page.

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