on ARKEMA (EPA:AKE)
BlackRock exceeds 5% stake threshold in ARKEMA
On October 31, 2024, ARKEMA announced that BlackRock Inc., a New York-based asset management company, has crossed the 5% threshold of ARKEMA's capital upwards. On October 30, 2024, BlackRock acquired 3,801,882 shares, representing 5.07% of the capital and 4.08% of the voting rights.
This increase is the result of off-market share purchases and an increase in securities held as collateral. Indeed, BlackRock manages these shares on behalf of its clients, also holding various financial instruments linked to ARKEMA. This excess reflects increased confidence in the company.
R. P.
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