tiprankstipranks
Cairn Homes Sees Major Shareholding Decrease by BlackRock
Company Announcements

Cairn Homes Sees Major Shareholding Decrease by BlackRock

Story Highlights

Invest with Confidence:

Cairn Homes ( (GB:CRN) ) just unveiled an update.

Cairn Homes Plc announced a significant decrease in shareholding by BlackRock, Inc., a major investment management firm. BlackRock’s total holdings in Cairn Homes have fallen below 4%, with voting rights dipping below 3%, following a client decision regarding voting rights. This change in holdings may impact Cairn Homes’ shareholder dynamics and could have implications for its governance and influence within the industry.

More about Cairn Homes

YTD Price Performance: -6.92%

Average Trading Volume: 1,259,134

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.12B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App