Barratt Developments (GB:BDEV) has released an update.
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Investment giant BlackRock, Inc. has adjusted its stake in UK-based homebuilding company Barratt Developments PLC, crossing a notable threshold in voting rights. As of August 27, 2024, BlackRock now holds a total of 6.5% of voting rights, reflecting a mix of direct share ownership and financial instruments such as contracts for difference and securities lending. This marks a change from their previous notification, suggesting active portfolio management by the world’s largest asset manager.
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