BlackRock Reduces Stake in abrdn PLC Below 5%
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BlackRock Reduces Stake in abrdn PLC Below 5%

abrdn (GB:ABDN) has released an update.

Investment giant BlackRock, Inc. has notified abrdn PLC of significant changes in their holdings. As of May 31, 2024, BlackRock’s total voting rights in abrdn have dropped below 5%, reflecting a reduction across shares and financial instruments. This shift in ownership could signal strategic adjustments by one of the world’s leading asset managers.

For further insights into GB:ABDN stock, check out TipRanks’ Stock Analysis page.

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