[Breaking] BlackRock Fund Advisors Cuts HLB Stake from 7.15% to 3.37%, Selling 5.03 Million Shares on Market
The HLB stake held by BlackRock Fund Advisors and related parties fell from 7.15% to 3.37%. According to the large-shareholding status report filed by BlackRock Fund Advisors, the HLB shares held by the reporter and related parties decreased by 5,033,460 shares, from 9,525,885 shares in the previou
![[Breaking] BlackRock Fund Advisors Cuts HLB Stake from 7.15% to 3.37%, Selling 5.03 Million Shares on Market](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F06%2F580558%2Fe71c71593626b654%2Foriginal.webp&w=1920&q=75)
The HLB stake held by BlackRock Fund Advisors and related parties fell from 7.15% to 3.37%.
According to the large-shareholding status report filed by BlackRock Fund Advisors, the HLB shares held by the reporter and related parties decreased by 5,033,460 shares, from 9,525,885 shares in the previous report to 4,492,425 shares in the latest report. The holding ratio also fell 3.78 percentage points, from 7.15% to 3.37%.
The report's reference date and the date the reporting obligation arose were both August 31, 2026, while the previous report's reference date was July 30, 2026. The report stated that HLB's total number of issued shares with voting rights was 133,198,223.
According to the disclosure, the method of stake change was on-market trading, with the reason for the change specified as 'simple acquisition/disposal' and the purpose of holding specified as 'simple investment.'
■ HLB holdings by reporter and related parties (as of the report's reference date) • BlackRock Fund Advisors: 2,257,353 shares (1.69% stake) • BlackRock Institutional Trust Company, N.A.: 1,281,970 shares (0.96%) • BlackRock Advisors (UK) Limited: 672,755 shares (0.51%) • BlackRock Investment Management (UK) Limited: 188,463 shares (0.14%)
Looking at the detailed changes, BlackRock Fund Advisors sold 3,522,745 HLB shares on the market on August 31, reducing its holdings from 5,780,098 shares to 2,257,353 shares. The disclosed disposal price for the transaction was 35,611 won.
Through such on-market trading and other transactions, the shares held by the reporter and related parties decreased by a total of 5,033,460 shares.
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