H2-View News: Updated: JM’s largest shareholder demands de-risking of hydrogen unit and board revamp
2024-12-16T14:38:05+00:00Standard Investments, which holds around 11% of JM’s outstanding shares, in an open letter to JM Chairman Patrick Thomas, said immediate action needs to be taken to prevent further value degradation for shareholders. The investor said under Thomas’ six-year tenure, JM shares delivered a total shareholder return of -53%. Despite stressing its belief in JM’s [...]

