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BlackRock Reduces Stake in Persimmon PLC

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BlackRock Reduces Stake in Persimmon PLC

Persimmon ( (GB:PSN) ) has issued an announcement.

Persimmon PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc., a U.S.-registered company. As of February 28, 2025, BlackRock’s total voting rights in Persimmon have decreased from 9.93% to 5.01%, indicating a significant reduction in their stake. This change could impact Persimmon’s shareholder dynamics and influence within the company, potentially affecting its strategic decisions and market position.

More about Persimmon

YTD Price Performance: 0.58%

Average Trading Volume: 1,705,557

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £3.85B

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

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