Group of Activision Blizzard shareholders joins call for CEO Bobby Kotick’s resignation

The letter was also signed by Australian retail fund Future Super, Canada groups NEI Investments and Shareholder Association for Research and Education (SHARE) and an Australian fund for women, Verve Super. Verve Super did not return inquiries about how many Activision Blizzard shares it owns. The SOC Investment Group, which is based in D.C., communicates with companies on behalf of union pension funds; in this case, those funds own about 3.8 million shares in Activision Blizzard, a small fraction of the game company’s total shares of roughly 779 million. These shareholders are dwarfed by Activision Blizzard’s top investors. Investment management company Vanguard holds over 64 million shares and BlackRock, the world’s largest asset manager, holds 58 million.

Leave a Reply

Your email address will not be published. Required fields are marked *