TipRanks

Notifications

Bank of America Adjusts Stake in Johnson Matthey

Johnson Matthey (GB:JMAT) has released an update.

Johnson Matthey PLC has notified the market of a significant change in share ownership, with Bank of America Corporation’s total control of voting rights reaching 15.074064% as of October 2, 2024. This change is primarily due to various financial instruments, including physical swaps and options, which have altered the distribution of voting power. The company, a mainstay on the London Stock Exchange, emphasizes that these adjustments have crossed a notable threshold, warranting public disclosure.

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

Tags: ,
TipRanks UK Auto-Generated Newsdesk
Tipranks Auto-Generated Newsdesk is driven by TipRanks’ Financial Accountability Engine, which brings transparency and accountability to the financial markets. We level the playing field for retail investors, delivering all the news that publicly traded companies release. Our advanced AI scans company announcements, translating complex ideas into easily understandable articles, then sends the articles for editorial review. For any questions or comments, please write to support@tipranks.com.