WPP Discloses Significant Reduction in BlackRock Stake After Crossing Major Shareholding Threshold

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2025.12.22 15:48
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WPP plc announced a significant reduction in BlackRock's stake, with BlackRock's holdings falling below a key threshold from 12.24% to 9.93%. This change, disclosed under UK major shareholding rules, may impact perceptions of WPP's ownership structure. Analysts rate WPP stock as Hold with a $21.00 target, noting strong financials but bearish momentum. WPP, a global advertising group, is closely monitored for shareholder changes.