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BlackRock Reduces Stake in TT Electronics

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BlackRock Reduces Stake in TT Electronics

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The latest announcement is out from TT Electronics ( (GB:TTG) ).

TT Electronics has experienced a change in its shareholder structure as BlackRock, Inc. reported a decrease in its voting rights to below 5%. This shift in holdings could potentially impact TT Electronics’ influence in shareholder decisions and its market positioning, as BlackRock is a significant institutional investor.

More about TT Electronics

TT Electronics is a UK-based company specializing in electronics manufacturing, providing a range of products and services in the technology and engineering sectors.

YTD Price Performance: -22.08%

Average Trading Volume: 702,529

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £146.6M

See more insights into TTG stock on TipRanks’ Stock Analysis page.

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