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Ameriprise Financial adjusts YouGov stake

Published 12/09/2024, 11:10 AM
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MINNEAPOLIS - Ameriprise Financial (NYSE:AMP), Inc., a global financial services firm with headquarters in Minneapolis, United States, has reported a change in its holdings in UK-based market research company YouGov PLC.

On December 6, 2024, Ameriprise Financial decreased its voting rights in YouGov PLC, crossing a threshold that required the company to disclose its updated position. The notification, dated December 9, 2024, indicates that Ameriprise now holds 4.679% of voting rights, a decrease from the previous notification of 5.186%.

The total number of voting rights Ameriprise now holds in YouGov stands at 5,463,407. The change in holdings resulted from the transfer out of temporary proxy voting shares. The detailed chain of control was provided, showing the interconnectedness of various Ameriprise subsidiaries, with Columbia Wanger Asset Management, LLC, and Threadneedle Asset Management Limited among the entities wholly owned by Ameriprise that are involved in the holding structure.

This adjustment in Ameriprise's stake in YouGov PLC is a transactional update that investors and market watchers monitor for implications on company ownership and potential influence on corporate decisions. As with all notifications of major holdings, the information is based on a press release statement and does not necessarily indicate a strategic shift or a change in the operational direction of YouGov PLC.

The London Stock Exchange (LON:LSEG)'s news service RNS, authorized by the Financial Conduct Authority in the UK, provided the notification as part of its role as a Primary Information Provider. The completion of the notification process took place in Swindon, UK, on December 9, 2024.

Investors and analysts often track such notifications to understand the dynamics of shareholder structure and to gauge market sentiment towards the company's stock. The disclosure of this information is a regulatory requirement meant to maintain transparency in the financial markets.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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