BlackRock reduces stake in Pandora to 8.34% from 10.2%

Pandora A/S announces that BlackRock, Inc. now holds 6,257,324 shares, corresponding to 7.92% of the total voting rights and share capital. Additionally, BlackRock, Inc. controls voting rights attached to financial instruments amounting to 0.42%, totaling 8.34% of the company's voting rights. Pandora is the world's largest jewelry brand, with a global presence of over 100 countries and a workforce of 37,000 people.

Pandora A/S, the world's largest jewelry brand, has reported strong earnings for the second quarter ended June 30, 2025. The company reported sales of DKK 7,075 million, up from DKK 6,771 million a year ago. Net income was DKK 803 million, a slight increase from DKK 799 million in the same period last year. Basic and diluted earnings per share from continuing operations were both DKK 10.3, up from DKK 9.7 [1].

In other news, BlackRock, Inc. has increased its stake in Pandora A/S. BlackRock now holds 6,257,324 shares, corresponding to 7.92% of the total voting rights and share capital, and controls voting rights attached to financial instruments amounting to 0.42%, totaling 8.34% of the company's voting rights [2].

Pandora A/S is headquartered in Copenhagen, Denmark, and employs 37,000 people worldwide. The company crafts its jewelry using only recycled silver and gold and is committed to sustainability, aiming to halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 31.7 billion (EUR 4.2 billion) in 2024 [2].

References:
[1] https://www.marketscreener.com/news/pandora-a-s-reports-earnings-results-for-the-second-quarter-ended-june-30-2025-ce7c51deda8cf427
[2] https://www.globenewswire.com/news-release/2025/08/19/3135519/0/en/Major-shareholder-announcement.html