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Schneider Electric: Blackrock cuts stake.

(CercleFinance.com) - BlackRock, acting on behalf of clients and funds it manages, has declared to the AMF that on 23 June 2017 it had reduced its stake to under the 5% threshold of Schneider Electric's capital, holding on behalf of its clients and funds, 4.
99% of the industrial group's capital and 4.76% of its voting rights.

The crossing of this threshold results from the sale of Schneider Electric shares on the market and OTC, along with a reduction in the number of shares held as collateral.


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