BlackRock Reduces Stake in Spark New Zealand

Spark New Zealand Limited (AU:SPK) has released an update.

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BlackRock, Inc. has significantly reduced its stake in Spark New Zealand Limited, cutting its holding from 8.611% to 5.901% of the ordinary shares and American Depository Receipts. This change reflects a substantial movement in BlackRock’s investment strategy concerning Spark New Zealand, as disclosed in recent financial documents. Investors in the financial markets may view this as a notable development in Spark’s shareholder composition.

For further insights into AU:SPK stock, check out TipRanks’ Stock Analysis page.

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