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BlackRock Increases Stake in Kingfisher PLC
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BlackRock Increases Stake in Kingfisher PLC

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Stay Ahead of the Market:

Kingfisher ( (GB:KGF) ) has provided an update.

Kingfisher PLC, a UK-based company, has been affected by a change in its major holdings as BlackRock, Inc., a global investment management corporation headquartered in the USA, has increased its voting rights in Kingfisher to 7.7%. This adjustment in BlackRock’s voting rights, which crossed the threshold on January 13, 2025, may influence Kingfisher’s operations and decision-making, reflecting BlackRock’s strategic positioning in the market and potentially impacting stakeholders connected to Kingfisher.

More about Kingfisher

YTD Price Performance: -7.76%

Average Trading Volume: 5,809,223

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £4.14B

For a thorough assessment of KGF stock, go to TipRanks’ Stock Analysis page.

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