BlackRock Crosses Threshold at Societe Generale

BlackRock, Inc., a New York-based investment manager, has crossed the 5% threshold of Societe Generale's voting rights downwards. According to a letter received on October 11, 2024, this crossing occurred on October 9, 2024. BlackRock now holds 43,344,811 shares, or 5.42% of the capital and 4.89% of the voting rights of Societe Generale.

This change is the result of a reduction in shares held as collateral. BlackRock notes that for certain shares, clients retain control over voting rights. Indeed, 6,143,280 shares remain under the explicit control of clients with respect to voting rights.