Qatar Investment Authority Increases Stake in THG PLC – TipRanks.com
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THG ( (GB:THG) ) has provided an announcement.
THG PLC has announced a change in its voting rights structure, as the Qatar Investment Authority has increased its stake, reaching a new threshold of 7.197% as of January 2, 2025. This shift in shareholding reflects a significant investment move from the Qatari entity, indicating a potential strategic alignment or confidence in THG’s market position, which could impact stakeholder interests and influence company governance decisions.
More about THG
THG PLC is a UK-based company operating in the e-commerce sector, specializing in health and beauty products, nutrition, and lifestyle brands. The company primarily focuses on direct-to-consumer sales through its proprietary technology platform, serving a global market.
YTD Price Performance: -7.69%
Average Trading Volume: 4,691,157
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £611.9M
For detailed information about THG stock, go to TipRanks’ Stock Analysis page.
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