12:38 PM EDT, 03/19/2024 (MT Newswires) -- BlackRock ( BLK ) was informed Tuesday that the Texas Permanent School Fund is ending the asset manager's management of roughly $8.5 billion in assets, the chairman of the State Board of Education said.

"Terminating BlackRock's ( BLK ) contract ensures PSF's full compliance with Texas law," said Chairman Aaron Kinsey.

Price: 801.85, Change: +1.60, Percent Change: +0.20