Coats Group plc (GB:COA) has released an update.
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Coats Group PLC has announced that BlackRock, Inc. has altered its holdings in the company, crossing the 5% threshold of voting rights on August 9, 2024. With the acquisition or disposal of voting shares and financial instruments, BlackRock now holds a total of 5.03% voting rights, a significant move that signals a change in stakeholder balance for the UK-based issuer.
For further insights into GB:COA stock, check out TipRanks’ Stock Analysis page.
