on ARKEMA (EPA:AKE)
BlackRock reduces its stake in Arkema
BlackRock Inc. has crossed the threshold of 5% of Arkema's capital downwards. This information was formalized by a letter received on December 9, 2024. BlackRock, acting on behalf of clients and funds under management, held 3,546,952 Arkema shares as of December 6, 2024, representing 4.66% of the capital and 3.76% of the voting rights.
This threshold crossing is linked to a sale of shares on the market and a reduction in shares held as collateral. This development reflects a reorganization of the assets managed by BlackRock, one of the world's leading investment managers.
With this statement, BlackRock clarifies its new position in Arkema, on a market where movements in holdings are closely followed by investors.
R. P.
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