Kingfisher (GB:KGF) has released an update.
Kingfisher PLC has announced that investment giant BlackRock, Inc. has altered its shareholding structure, resulting in a slight decrease in their overall voting rights from 7.65% to 7.40% as of September 5, 2024. The change occurred through a mix of direct shareholding adjustments and modifications to financial instruments such as American Depository Receipts and Securities Lending. This notification is significant as it crosses a threshold that could impact Kingfisher’s shareholder dynamics and potentially influence stock market activity.
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