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Bank of America Adjusts Its Stake in Johnson Matthey

Bank of America Adjusts Its Stake in Johnson Matthey

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

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Bank of America Corporation has significantly altered its stake in Johnson Matthey PLC, reaching a combined total share and financial instruments holding of 14.83%, as notified on May 20, 2024. This shift crossed the major holdings threshold on May 17, demonstrating a notable change from the previous notification. The detailed financial instruments primarily include various swaps with different expiration dates and cash settlements, reflecting a complex investment strategy.

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

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