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BlackRock Adjusts Holdings in Morgan Advanced Materials
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BlackRock Adjusts Holdings in Morgan Advanced Materials

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An update from Morgan Advanced Materials ( (GB:MGAM) ) is now available.

BlackRock, Inc., a major shareholder, has updated its holding in Morgan Advanced Materials PLC, adjusting its voting rights from a previous position of 6.33% to a current total of 6.32%. This slight change in voting rights, primarily through direct voting shares and financial instruments, reflects a strategic adjustment in BlackRock’s investment portfolio. The update signifies ongoing interest and investment management by BlackRock in Morgan Advanced Materials, which could influence shareholder dynamics and company decisions.

More about Morgan Advanced Materials

Morgan Advanced Materials PLC is a UK-based company that operates in the advanced materials industry. It specializes in manufacturing high-performance materials, including ceramics and carbon products, which are used across a wide range of sectors such as electronics, healthcare, and transportation.

YTD Price Performance: 0.37%

Average Trading Volume: 1,035,318

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £772M

Learn more about MGAM stock on TipRanks’ Stock Analysis page.

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