Spirent Communications (GB:SPT) has released an update.
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UBS Group AG has increased its voting rights in Spirent Communications PLC to over 7% as of October 30, 2024. This change in holdings, up from a previous stake of approximately 6.45%, highlights a significant move by the investment bank and wealth management giant. Investors in the financial markets may find this shift noteworthy as it reflects UBS’s strategic positioning in the telecommunications sector.
For further insights into GB:SPT stock, check out TipRanks’ Stock Analysis page.