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Sainsbury’s Major Holdings Update: BlackRock Adjusts Stake
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Sainsbury’s Major Holdings Update: BlackRock Adjusts Stake

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An announcement from J Sainsbury plc ( (GB:SBRY) ) is now available.

J Sainsbury plc, a leading UK-based retailer, has announced a change in its major holdings as BlackRock, Inc., a significant shareholder, has adjusted its voting rights in the company. As of January 6, 2025, BlackRock’s total voting rights in Sainsbury decreased from 7.27% to 6.89%, which may impact the company’s shareholder dynamics and influence. This change reflects a shift in the financial instruments and shares BlackRock holds in Sainsbury, indicating possible strategic adjustments by the investment firm.

More about J Sainsbury plc

YTD Price Performance: -0.44%

Average Trading Volume: 7,798,113

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.4B

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

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