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BlackRock Crosses Threshold in Société Générale Capital

Stock price chart of SOCIETE GENERALE (EPA:GLE) showing fluctuations.

On January 10, 2025, Société Générale received a threshold crossing declaration from the investment firm BlackRock, Inc. The latter, acting on behalf of clients and funds it manages, announced that it had fallen below the threshold of 5% of voting rights in Société Générale. This movement was formalized on January 9, 2025. BlackRock now holds 43,382,733 shares, or 5.42% of the capital and 4.90% of the voting rights of the company.

This change is the result of an off-market sale of shares and a reduction in shares held as collateral. The shares affected include various forms, including ADRs and positions arising from contracts for differences.

R. P.

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