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BlackRock Increases Stake in Spark New Zealand

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BlackRock Increases Stake in Spark New Zealand

Spark New Zealand Limited ( (AU:SPK) ) has provided an announcement.

BlackRock, Inc. has increased its substantial holding in Spark New Zealand Limited, a prominent telecommunications company, from 5.901% to 8.071% of the ordinary shares and American Depository Receipts. This movement signifies a significant increase in BlackRock’s influence and control over Spark New Zealand Limited, potentially impacting the company’s strategic decisions and market positioning.

More about Spark New Zealand Limited

YTD Price Performance: -28.29%

Average Trading Volume: 2,471,448

Technical Sentiment Signal: Buy

Current Market Cap: A$3.36B

Find detailed analytics on SPK stock on TipRanks’ Stock Analysis page.

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