BlackRock Ups Stake in J Sainsbury PLC
Company Announcements

BlackRock Ups Stake in J Sainsbury PLC

J Sainsbury plc (GB:SBRY) has released an update.

J Sainsbury PLC has announced a major change in voting rights, with BlackRock, Inc. now holding 6.89% of total voting rights after crossing the notification threshold on October 1, 2024. This shift in voting power is due to both an acquisition of direct voting rights and financial instruments. BlackRock’s position has seen a slight increase from the previous notification, signaling a growing interest in the UK-based supermarket chain.

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

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