tiprankstipranks
BlackRock Increases Stake in SSE PLC to Over 8%
Company Announcements

BlackRock Increases Stake in SSE PLC to Over 8%

Story Highlights

Don't Miss Our New Year's Offers:

SSE ( (GB:SSE) ) has provided an update.

SSE PLC, a UK-based issuer, announced a change in major holdings with BlackRock, Inc., a major shareholder based in the USA. On December 27, 2024, BlackRock’s voting rights in SSE PLC crossed the 8% threshold, now holding 8.35% of the total voting rights. This change in holdings reflects a significant adjustment in BlackRock’s investment strategy in SSE and could have implications for the company’s governance and influence on strategic decisions.

More about SSE

YTD Price Performance: -10.29%

Average Trading Volume: 3,432,568

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £17.66B

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

Related Articles
TipRanks UK Auto-Generated NewsdeskSSE plc Updates on Share Capital and Voting Rights
TipRanks UK Auto-Generated NewsdeskSSE PLC Voting Rights Shift with JPMorgan’s Stake Adjustment
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App