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BlackRock Adjusts Stake in FirstGroup PLC

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BlackRock Adjusts Stake in FirstGroup PLC

Firstgroup ( (GB:FGP) ) just unveiled an announcement.

FirstGroup PLC, a UK-based company, has announced a change in its shareholder structure due to BlackRock, Inc.’s acquisition or disposal of voting rights. BlackRock’s current position holds 5.77% of the voting rights in FirstGroup, slightly down from a previous 5.8%. This adjustment in BlackRock’s holdings reflects a minor shift in investor confidence or strategy and may influence FirstGroup’s market perception and stakeholder interests.

More about Firstgroup

YTD Price Performance: 0.81%

Average Trading Volume: 1,065,527

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £940.1M

Find detailed analytics on FGP stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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