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BlackRock Boosts Stake in FirstGroup to 5.81%

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BlackRock Boosts Stake in FirstGroup to 5.81%

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The latest update is out from Firstgroup ( (GB:FGP) ).

FirstGroup PLC has announced a change in the ownership of its voting rights, with BlackRock, Inc. increasing its stake to 5.81%, as of February 19, 2025. This development slightly raises BlackRock’s influence on FirstGroup’s strategic decisions, reflecting a potential shift in stakeholder dynamics and potential impacts on the company’s future governance and policy direction.

More about Firstgroup

FirstGroup PLC is a leading provider in the transport sector, primarily offering services such as public transportation, including bus and rail services, primarily in the UK. The company is focused on delivering efficient and reliable transit solutions to its market base.

YTD Price Performance: -0.06%

Average Trading Volume: 988,554

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £953.2M

Learn more about FGP stock on TipRanks’ Stock Analysis page.

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