BlackRock Increases Stake in Paragon Banking Group

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Paragon Banking Group PLC ( (GB:PAG) ) has issued an announcement.

Paragon Banking Group PLC, a UK-based financial institution, has been notified of a significant change in major holdings. BlackRock, Inc. has increased its voting rights in Paragon Banking Group to 5%, crossing the previous threshold of below 5%. This acquisition reflects BlackRock’s strengthened influence within Paragon, potentially impacting the company’s strategic decisions and its market positioning.

More about Paragon Banking Group PLC

YTD Price Performance: 11.76%

Average Trading Volume: 528,735

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.48B

See more data about PAG stock on TipRanks’ Stock Analysis page.

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