UBS Group AG has reduced its holdings in DS Smith PLC to below 5%, exempting the firm from further reporting obligations. This shift may influence DS Smith's shareholder structure and market perception, potentially reflecting strategic changes in UBS's investment focus.DS Smith, a UK-based leader in sustainable packaging solutions, serves the FMCG, industrial, and e-commerce sectors. The company has seen a year-to-date price performance of 81.81% and currently holds a market cap of £7.41 billion.