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BlackRock Lowers Stake in Trident Royalties

BlackRock Lowers Stake in Trident Royalties

Trident Royalties (GB:TRR) has released an update.

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Trident Royalties PLC has announced that BlackRock, Inc. has reduced its stake in the company, with voting rights now below the 5% threshold as of June 14, 2024. This change in BlackRock’s position follows the acquisition or disposal of shares and financial instruments, marking a notable shift from its previous holding of 5.55%. The notification, completed on June 17, 2024, signifies a significant change in shareholding structure for the interested stakeholders of Trident Royalties.

For further insights into GB:TRR stock, check out TipRanks’ Stock Analysis page.

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