tiprankstipranks
Company Announcements

BlackRock Adjusts Stake in Paragon Banking Group

Story Highlights
BlackRock Adjusts Stake in Paragon Banking Group

Discover the Best Stocks and Maximize Your Portfolio:

Paragon Banking Group PLC ( (GB:PAG) ) has issued an update.

Paragon Banking Group PLC has reported a change in its shareholder structure, with BlackRock, Inc. adjusting its holdings in the company. The notification indicates that BlackRock’s voting rights are now below 5%, suggesting a reduction in its stake. This change in ownership could influence Paragon’s shareholder dynamics and potentially affect investor sentiment and market perception.

More about Paragon Banking Group PLC

Paragon Banking Group PLC is a UK-based financial services company engaged in providing a range of banking products. The company primarily focuses on mortgage and loan services, catering to the retail and commercial banking sectors.

YTD Price Performance: 9.67%

Average Trading Volume: 487,487

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.57B

See more data about PAG stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1