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Citigroup reduces stake in Johns Lyng Group impacting shareholder structure
Citigroup has ceased to be a substantial holder in Johns Lyng Group Ltd as of March 21, 2025, following a reduction in its shareholding through securities lending agreements. This shift impacts the company's shareholder structure and may influence market perception. Johns Lyng Group specializes in insurance building and restoration services, focusing on disaster recovery for insurance companies and property owners.
ubs group ag exits significant stake in johns lyng group
UBS Group AG has divested its substantial holding in Johns Lyng Group. This move reflects a strategic shift as the firm continues to optimize its investment portfolio. Investors can leverage tools like TipRanks' Smart Score to make informed decisions based on top Wall Street analysts' recommendations.
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