BlackRock shifts ASX holdings, reducing voting power

BlackRock, Inc. and its subsidiaries continue to be a substantial shareholder in Asx Limited, with various changes in their holdings. On May 13, 2025, BlackRock's voting power stood at 5.097%, a decrease from 6.002% on April 13, 2025. This change was primarily due to a net disposal of shares through various market transactions and collateral transfers.

Throughout April and May 2025, there were numerous buy and sell transactions involving BlackRock entities such as BlackRock Fund Advisors, BlackRock Advisors (UK) Limited, and BlackRock Investment Management (Australia) Limited. Noteworthy transactions include a substantial acquisition by BlackRock Investment Management (Australia) Limited on April 29, 2025, involving AUD 9,282 ordinary shares, and several large disposals by BlackRock Advisors (UK) Limited, such as AUD -209,906 ordinary shares on April 20, 2025. These movements reflect BlackRock's active management of its investment in Asx Limited, adapting to market conditions and strategic portfolio adjustments.