Stora Enso Oyj: BlackRock's Shifting Shares
May 4, 2024, 9:36 am
BlackRock, Inc. has made moves in Stora Enso Oyj, with notifications of changing holdings under the Finnish Securities Markets Act. On April 29, 2024, BlackRock's total holding in Stora Enso's shares dropped below the 5 percent mark. However, on April 26, 2024, their holding increased above the threshold. This sees a fluctuation in the shares and voting rights, with a detailed breakdown of the numbers provided.
Stora Enso, a key player in the global bioeconomy, stands as a provider of renewable products in packaging, biomaterials, and wooden construction. With a workforce of around 20,000 employees and sales hitting EUR 9.4 billion in 2023, the company focuses on low-carbon and recyclable fiber-based products to meet the growing demand for sustainable solutions.
The company's shares are listed on Nasdaq Helsinki Oy and Nasdaq Stockholm AB, with additional trading on OTC Markets in the USA. Stora Enso's commitment to sustainability and renewable resources drives its business forward, attracting investors like BlackRock to navigate the changing landscape of holdings and investments.
Stora Enso, a key player in the global bioeconomy, stands as a provider of renewable products in packaging, biomaterials, and wooden construction. With a workforce of around 20,000 employees and sales hitting EUR 9.4 billion in 2023, the company focuses on low-carbon and recyclable fiber-based products to meet the growing demand for sustainable solutions.
The company's shares are listed on Nasdaq Helsinki Oy and Nasdaq Stockholm AB, with additional trading on OTC Markets in the USA. Stora Enso's commitment to sustainability and renewable resources drives its business forward, attracting investors like BlackRock to navigate the changing landscape of holdings and investments.