Michelin: BlackRock has sold titles





Photo credit © Reuters

(Boursier.com) – By letter received on December 22, the company BlackRock Inc, acting on behalf of clients and funds for which it manages, declared that on December 21 it had crossed the threshold of 5% of the company capital Michelin. On behalf of these clients and funds, it holds 8,909,318 Michelin shares representing as many voting rights, ie 4.99% of the capital and 3.76% of the voting rights of the company.

This threshold crossing is the result of a sale of Michelin shares outside the market and a reduction in the number of Michelin shares held as collateral.


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