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The latest update is out from Inchcape ( (GB:INCH) ).
Inchcape PLC, a UK-based company, has experienced a change in its voting rights structure following BlackRock, Inc.’s acquisition of a 5% voting rights threshold. This change was officially crossed on December 31, 2024, and notified to Inchcape on January 2, 2025. As a result of the acquisition, BlackRock now holds a total of 19,751,305 voting rights in Inchcape PLC, marking a significant increase in its influence within the company. Such a shift could impact Inchcape’s operations and governance, potentially influencing strategic decisions and shareholder dynamics.
More about Inchcape
YTD Price Performance: -1.10%
Average Trading Volume: 766,206
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.99B
For an in-depth examination of INCH stock, go to TipRanks’ Stock Analysis page.
