BlackRock's Holding in Kesko Oyj Falls Below Five Percent
Investment firm BlackRock notified Kesko Oyj that its stake in the company's shares and voting rights decreased to below five percent on October 15, 2026, from 5.84%.
Helsinki – Investment firm BlackRock, Inc. has informed Kesko Oyj that its ownership stake in the company has fallen below the five percent threshold. The notification was received on October 17, 2026.
BlackRock's holding decreased from 5.84% to 4.97% of shares and voting rights as of October 15, 2026. According to the notification, BlackRock directly holds 19,891,940 shares and voting rights, representing 4.97% of the shares. Additionally, the firm holds 0.87% of voting rights through financial instruments.
Kesko Oyj's share capital is divided into A and B shares, totaling 400,079,008 shares. Of these, 126,948,028 are A shares and 273,130,980 are B shares. The company holds 1,736,720 of its own B shares.
The obligation to disclose changes in ownership stake is based on Chapter 9, Section 10 of the Finnish Securities Markets Act. This statutory notification requirement applies to significant shareholders whose share of the company's shares or voting rights crosses specific thresholds.