Société Générale: Blackrock reduces stake in capital.
(CercleFinance.com) - BlackRock, acting on behalf of clients and funds it manages, has declared to the AMF that on 23 May its stake in Société Générale fell below the 5% threshold of voting rights and held, on behalf of these clients and funds, 5.
40% of the capital and 4.94% of the voting rights of the French bank.
This crossing of threshold results from a sale of Société Générale shares out of the market and a decrease in the number of shares held as collateral.
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