BlackRock Adjusts Stake in Burberry Group
Company Announcements

BlackRock Adjusts Stake in Burberry Group

Burberry (GB:BRBY) has released an update.

Burberry Group PLC has issued a notification of major shareholding changes, revealing that BlackRock, Inc. has altered its voting rights in the company. The investment giant now holds a total of 7.5% of voting rights, a change from its previous 6.62%, through a combination of shares and financial instruments. The threshold was crossed on August 14, 2024, with Burberry being notified the following day.

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

Related Articles
TheFlyBurberry price target lowered to 650 GBp from 800 GBp at JPMorgan
TheFlyBurberry downgraded to Underperform from Hold at Jefferies
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App