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BlackRock Ups Stake in BMO Commercial Property Trust
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BlackRock Ups Stake in BMO Commercial Property Trust

BMO Commercial Property Trust Limited (GB:BCPT) has released an update.

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BMO Commercial Property Trust Limited has notified an increase in voting rights by BlackRock, Inc., with the financial giant’s total voting rights reaching 5.86% as of September 18, 2024. The change reflects BlackRock’s acquisition of direct voting rights attached to shares, now owning 35,647,966 shares, and additional rights through financial instruments. The announcement marks a significant shift in the company’s shareholder structure and could impact the trust’s strategic direction.

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

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