Marathon Asset Management Alters Stake in WH Smith

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The latest update is out from WH Smith ( (GB:SMWH) ).

WH Smith PLC announced a change in major holdings as Marathon Asset Management Limited has acquired or disposed of voting rights, reaching a total of 10.03% of the voting rights in the company. This acquisition involves several financial institutions and signifies a strategic move by Marathon Asset Management, potentially impacting the governance and strategic direction of WH Smith PLC, and is of interest to stakeholders monitoring the company’s market position and shareholder dynamics.

More about WH Smith

WH Smith PLC is a UK-based company operating in the retail industry, known for its chain of bookstores and newsstands. The company primarily focuses on selling books, stationery, and other related products, catering to a wide range of customers in various locations, including travel hubs and high streets.

YTD Price Performance: -0.25%

Average Trading Volume: 271,298

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.52B

See more data about SMWH stock on TipRanks’ Stock Analysis page.

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