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BlackRock Increases Stake in Grafton Group PLC

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BlackRock Increases Stake in Grafton Group PLC

An update from Grafton ( (GB:GFTU) ) is now available.

BlackRock, Inc. has increased its holdings in Grafton Group PLC, crossing the 6% threshold of voting rights. This acquisition reflects a significant stake in Grafton, potentially impacting the company’s governance and strategic decisions, and indicating BlackRock’s confidence in Grafton’s market position.

More about Grafton

Grafton Group PLC operates in the building materials industry, providing a range of products and services primarily focused on the construction and DIY markets.

YTD Price Performance: -8.96%

Average Trading Volume: 321,676

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.7B

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

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

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