BlackRock Increases Stake in Luceco PLC to 13.19%

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Luceco plc ( (GB:LUCE) ) has shared an update.

Luceco PLC, a UK-based company, has announced a significant change in its voting rights structure following an acquisition or disposal of voting rights by BlackRock, Inc., an investment management firm based in the USA. As of December 9, 2024, BlackRock’s total holdings in Luceco PLC have increased to 13.19%, up from a previous 12.79%, reflecting an increase in both direct and indirect voting rights. This adjustment in shareholding positions BlackRock as a significant stakeholder in Luceco, which may influence the company’s strategic decisions and impact its operations and industry positioning.

More about Luceco plc

YTD Price Performance: 8.45%

Average Trading Volume: 372,755

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £200.7M

See more data about LUCE stock on TipRanks’ Stock Analysis page.

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