Ibstock plc (GB:IBST) has released an update.
Ibstock PLC has announced that investment firm BlackRock, Inc. has significantly increased its stake in the company, with voting rights now totaling 6.22%, crossing the threshold on April 16, 2024. This change represents a notable rise from the previous notification, where BlackRock held a total of 5% in voting rights. The increased holding by BlackRock, a leading global investment manager, could signal growing investor confidence in Ibstock’s market position.
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