Smurfit Kappa (GB:SKG) has released an update.
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BlackRock, Inc. has reduced its holdings in Smurfit Kappa Group PLC, with voting rights attached to shares dropping below the 7% threshold. As of the latest notification, BlackRock’s total voting rights in the company now stand at 6.47%, down from the previous notification of 7.12%. The notification also includes details on financial instruments held by BlackRock that have a similar economic effect, bringing their total voting rights to 9.02%.
For further insights into GB:SKG stock, check out TipRanks’ Stock Analysis page.
