DS Smith Sees Major Voting Rights Threshold Crossed by Bank of America

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The latest update is out from DS Smith ( (GB:SMDS) ).

DS Smith PLC has reported a crossing of voting rights thresholds by Bank of America Corporation, indicating a change in shareholding. On December 24, 2024, Bank of America surpassed the 6% threshold of voting rights in DS Smith, owning a total of 82,846,983 voting rights. This legal crossing underlines significant stakeholder engagement and could impact DS Smith’s shareholder dynamics and corporate governance.

More about DS Smith

DS Smith PLC operates in the packaging industry, focusing on providing sustainable packaging solutions primarily through recyclable paper and corrugated products. The company is based in the United Kingdom and serves various sectors including consumer goods, e-commerce, and industrial markets.

YTD Price Performance: 84.68%

Average Trading Volume: 6,349,030

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £7.53B

For detailed information about SMDS stock, go to TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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