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Banks (Finance)

BlackRock's Shareholding in Nordea Bank Abp Declines Below 5%

Strategic Insights

— 1 min read

BlackRock, Inc.'s indirect shareholding of Nordea Bank Abp's shares and voting rights has decreased below the threshold of 5% on January 20, 2022. The total number of shares and voting rights in Nordea Bank Abp on the same date was 3,965,561,160. This notification marks a significant change in BlackRock's stake in the company. The current total number of shares and voting rights in Nordea Bank Abp is 3,930,834,811.

Key Takeaways:

  • BlackRock, Inc.'s indirect shareholding of Nordea Bank Abp's shares and voting rights decreased below the threshold of 5% on January 20, 2022.
  • The total number of shares and voting rights in Nordea Bank Abp on January 20, 2022 was 3,965,561,160.
  • The current total number of shares and voting rights in Nordea Bank Abp is 3,930,834,811.
  • BlackRock, Inc. holds a total of 1,460,720 shares through its subsidiaries, which is 0.03% of the total votes in Nordea Bank Abp.
  • The controlled undertakings through which the shares, voting rights, and financial instruments are effectively held include BlackRock Japan Co., Ltd., BlackRock Investment Management, LLC, and BlackRock Investment Management (UK) Limited.
  • The notification does not specify the exact amount of shares held by BlackRock's subsidiaries through financial instruments.

Statistics:

  • Total number of shares and voting rights in Nordea Bank Abp on January 20, 2022: 3,965,561,160
  • Current total number of shares and voting rights in Nordea Bank Abp: 3,930,834,811
  • Total shares held by BlackRock through its subsidiaries: 1,460,720
  • Percentage of total votes held by BlackRock through its subsidiaries: 0.03%
  • Number of subsidiaries holding shares and voting rights on behalf of BlackRock: 18

Sources:

  • Nordea Bank Abp's news release dated January 21, 2022.

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