Ibstock Shareholding Shift with BlackRock’s Increased Stake

Ibstock (GB:IBST) has released an update.

Ibstock PLC has announced a significant change in shareholdings, with investment giant BlackRock, Inc. now controlling a combined total of 7.47% of the company’s voting rights after recent transactions. The update follows BlackRock’s acquisition of additional voting rights and financial instruments, which has increased their position from a previous notification of 6.22%. The detailed notification, dated June 14, 2024, outlines the crossing of the threshold on June 13 and includes a breakdown of direct and indirect voting rights.

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