We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
BlackRock Inc | NYSE:BLK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 762.80 | 224 | 13:17:45 |
By Colin Kellaher
Shares of PennyMac Financial Services Inc. fell more than 6% in premarket trading Thursday after asset manager BlackRock Inc. donated its remaining 20% stake in the mortgage company to fund nonprofits.
PennyMac said BlackRock contributed the stake to a pair of charitable entities, the BlackRock Charitable Fund and the BlackRock Foundation, adding that the charitable fund subsequently sold 7.8 million shares in an unregistered private sale.
PennyMac said 50% of its roughly $2.9 billion market capitalization now consists of public float, up from 17% after its 2013 initial public offering.
Shares of PennyMac, which closed Wednesday at $37.05, were down 6.2% in premarket trading Thursday.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 13, 2020 09:32 ET (14:32 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year BlackRock Chart |
1 Month BlackRock Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions