BRIEF-Blackrock Executive Says We Don't Need M&A To Meet Or Exceed Our Organic Growth Targets - Conference Call

Reuters
15 Jul
BRIEF-Blackrock Executive Says We Don't Need M&A To Meet Or Exceed Our Organic Growth Targets - Conference Call

July 15 (Reuters) - BlackRock Inc BLK.N:

  • BLACKROCK CFO MARTIN SMALL SAYS THIRD QUARTER BASE FEE RUN RATE APPROXIMATELY 5% HIGHER THAN TOTAL BASE FEES FOR THE SECOND QUARTER - CONF CALL

  • BLACKROCK CFO MARTIN SMALL SAYS EXPECT A LOW TEENS PERCENTAGE INCREASE IN 2025 CORE G&A EXPENSE - CONF CALL

  • BLACKROCK CFO MARTIN SMALL SAYS INSTITUTIONAL INDEX NET OUTFLOWS OF 48 BILLION WERE IMPACTED BY A SINGLE CLIENT REDEMPTION OF 52 BILLION, PRIMARILY FROM FIXED INCOME - CONF CALL

  • BLACKROCK EXECUTIVE SAYS WE DON'T NEED M&A TO MEET OR EXCEED OUR ORGANIC GROWTH TARGETS

Source text: [ID:]

Further company coverage: BLK.N

((Reuters.Briefs@thomsonreuters.com;))

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