on Fullers Smith & Turner PLC (isin : GB00B1YPC344)
BlackRock Reduces Stake in Fuller, Smith & Turner PLC
On January 22, 2025, Fuller, Smith & Turner PLC announced a change in its major shareholdings. Global investment management corporation BlackRock, Inc. notified Fuller, Smith & Turner of a reduction in its voting rights stake. The voting rights held by BlackRock in Fuller, Smith & Turner have fallen below 5% as of January 21, 2025. This marks a significant decrease from the previous holding of approximately 9.97%.
The notification identified the Wilmington-based BlackRock, Inc. as the entity responsible for the decrease in holdings. The precise reasons for the disposal of voting rights were not disclosed. However, such changes can often be attributed to strategic portfolio adjustments or risk management measures.
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