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BlackRock Adjusts Stake in Paragon Banking Group
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BlackRock Adjusts Stake in Paragon Banking Group

Story Highlights
  • Paragon Banking Group’s major shareholding changed as BlackRock adjusted its stake.
  • BlackRock’s reduced voting rights may impact Paragon Banking’s strategic decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

Paragon Banking Group PLC ( (GB:PAG) ) has provided an update.

Paragon Banking Group PLC, a UK-based financial institution, has disclosed changes in its major shareholding as BlackRock, Inc. reported an acquisition or disposal of voting rights, reducing its overall share to below 5%. This change in BlackRock’s voting rights might influence Paragon Banking’s strategic decisions, impacting its market position and stakeholder interests.

More about Paragon Banking Group PLC

YTD Price Performance: -2.35%

Average Trading Volume: 537,720

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.4B

For an in-depth examination of PAG stock, go to TipRanks’ Stock Analysis page.

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