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Bank of America Ups Stake in Wetherspoon
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Bank of America Ups Stake in Wetherspoon

J D Wetherspoon (GB:JDW) has released an update.

J D Wetherspoon PLC has notified that Bank of America Corporation has crossed a major shareholding threshold on April 16, 2024, now holding a total of 12.80% voting rights. This substantial change in shareholding includes both direct shares and financial instruments like swaps, with the total number of voting rights reaching over 15 million. The notification highlights the complex structure of control through multiple Bank of America entities, reflecting a significant financial interest in the UK-based pub company.

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

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