Contact Energy Limited ( (COENF) ) has issued an update.
BlackRock, Inc. has disclosed a substantial holding in Contact Energy Limited, a key player in the New Zealand energy sector. The disclosure indicates that BlackRock and its related entities now hold 6.402% of the ordinary shares in Contact Energy, marking a significant investment in the company. This move could potentially influence Contact Energy’s market dynamics and stakeholder interests, given BlackRock’s prominence in the financial markets.
More about Contact Energy Limited
YTD Price Performance: -2.26%
Average Trading Volume: 1,899
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.14B
Find detailed analytics on COENF stock on TipRanks’ Stock Analysis page.