Severn Trent (GB:SVT) has released an update.
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Severn Trent PLC has reported a change in major holdings, with BlackRock, Inc. adjusting its voting rights in the company. After an acquisition or disposal on September 4th, 2024, BlackRock now holds a total of 7.59% of voting rights, reflecting a slight decrease from its previous notification. This strategic move could signal BlackRock’s evolving investment strategy in the water utility sector.
For further insights into GB:SVT stock, check out TipRanks’ Stock Analysis page.
