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Stock impact report

BlackRock® Canada Calls Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: GlobeNewswire
TORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK) today announced that it has called a special meeting of unitholders (the “Meeting”) of the iShares Premium Money Market ETF (the “iShares Fund”), to be held on or about January 22, 2025 to approve a change to the investment objective of the iShares Fund to permit investments in asset-backed commercial paper (the “Proposal”).  BlackRock Canada is holding the Meeting solely as a virtual (online) meeting by way of live audio webcast.  The proposed change to the iShares Fund investment objective is as follows: Current Investment ObjectiveProposed Investment ObjectiveCMR’s investment objective is to maximize current income to the extent consistent with the preservation of capital and liquidity by investing in high-quality, short-term (generally less than 90 days), investment grade debt securities, inc Show less Read more
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