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BlackRock Adjusts Stake in TP ICAP Group

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BlackRock Adjusts Stake in TP ICAP Group

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TP ICap ( (GB:TCAP) ) just unveiled an announcement.

BlackRock, Inc., a major shareholder of TP ICAP Group plc, has adjusted its holdings in the company. As of February 7, 2025, BlackRock’s total voting rights in TP ICAP decreased from 5.47% to 5.19%. This change reflects a slight reduction in BlackRock’s influence in the company’s voting structure, which could have implications for its strategic decisions and influence over company policies.

More about TP ICap

TP ICAP Group plc is a leading provider in the financial services industry, specializing in interdealer brokerage. The company offers a range of products and services, including broking, information services, and data analytics, primarily focusing on facilitating transactions in the wholesale financial and energy markets.

YTD Price Performance: 4.65%

Average Trading Volume: 1,994,225

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.01B

See more insights into TCAP stock on TipRanks’ Stock Analysis page.

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