Marks and Spencer (GB:MKS) has released an update.
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BlackRock, Inc. has increased its stake in Marks and Spencer Group PLC, crossing a significant threshold with its voting rights now totaling 6.22%. This move underscores BlackRock’s growing influence in the UK retail company, marking a rise from its previous holding of 5.01%. Investors might find this development noteworthy as it reflects BlackRock’s confidence in the potential of Marks and Spencer.
For further insights into GB:MKS stock, check out TipRanks’ Stock Analysis page.
