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Kier Group Shareholding Shifts as abrdn plc Gains Influence
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Kier Group Shareholding Shifts as abrdn plc Gains Influence

Kier Group plc (GB:KIE) has released an update.

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Kier Group PLC has announced a change in major shareholdings, with abrdn plc-affiliated entities crossing the 5% threshold of voting rights following an internal transfer of shares on September 5, 2024. The entities now collectively hold 5.762093% of the voting rights in Kier Group, indicating a strengthened position within the company. This change has been officially notified to the issuer on September 6, 2024, marking a notable shift in the company’s shareholder structure.

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

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