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An update from DS Smith ( (GB:SMDS) ) is now available.
DS Smith PLC has announced that UBS Group AG, through its Investment Bank & Global Wealth Management division, has crossed a significant ownership threshold in the company. UBS now holds 5.58% of the voting rights, marking a notable change in DS Smith’s ownership structure. This acquisition could influence the company’s strategic decisions and impact stakeholders, highlighting UBS’s increased involvement and potential influence in DS Smith’s future direction.
More about DS Smith
DS Smith PLC is a British company operating in the packaging industry, providing innovative and sustainable packaging solutions primarily made from recycled materials. Its market focus includes sectors like retail and consumer goods, aiming to enhance supply chain efficiency and reduce environmental impact.
YTD Price Performance: 84.85%
Average Trading Volume: 6,750,441
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.54B
Find detailed analytics on SMDS stock on TipRanks’ Stock Analysis page.
