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BlackRock Alters Stake in Unite Group PLC
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BlackRock Alters Stake in Unite Group PLC

Unite Group plc (GB:UTG) has released an update.

BlackRock, Inc. has adjusted its holdings in Unite Group PLC, crossing a significant threshold on April 25, 2024. BlackRock’s total voting rights in Unite Group now stand at 7.06%, resulting from a combination of direct share ownership and financial instruments such as securities lending and contracts for difference (CFDs). This marks a change from their previous notification, illustrating BlackRock’s dynamic investment strategy in the UK-based property company.

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

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