Welcome to our dedicated page for Blackrock news (Ticker: BLK), a resource for investors and traders seeking the latest updates and insights on Blackrock stock.
BlackRock, Inc. reports developments from a global asset management and financial technology business built around investment products, institutional client services and technology platforms. Recurring updates include operating results, net flows across ETFs, active strategies and private markets, and product launches under the iShares brand, including fixed income ETFs tied to leveraged loans and other credit markets.
Company news also covers Aladdin and Preqin data, analytics and benchmark capabilities for private credit, infrastructure-focused activity through Global Infrastructure Partners, and philanthropic workforce initiatives funded by The BlackRock Foundation. These releases connect BlackRock's asset management platform with technology services, private markets data, infrastructure investment themes and skilled-trades workforce programs.
BlackRock, Inc. (NYSE:BLK) has announced a 2.5% increase in its quarterly cash dividend, raising it to $5.00 per share, payable on March 23, 2023, to shareholders of record by March 7, 2023. Additionally, the Board has authorized the repurchase of up to 7 million shares under its existing repurchase program, bringing the total authorization to approximately 7.9 million shares. This move signals BlackRock's commitment to returning value to shareholders and reflects confidence in the company's financial health.
BlackRock, Inc. (NYSE: BLK) reported its fourth quarter financial results for 2022, highlighting its commitment to helping people achieve financial well-being. The company will host a teleconference for investors on January 13, 2023, at 8:30 a.m. ET, where Chairman Laurence D. Fink, President Robert S. Kapito, and CFO Gary S. Shedlin will provide insights into their performance. The webcast will also be available for replay later that day.
For further information, visit ir.blackrock.com/QuarterlyResults.
BlackRock, Inc. (NYSE: BLK) will report its fourth quarter 2022 earnings on January 13, 2023, before the New York Stock Exchange opens. Key executives, including Chairman and CEO Laurence D. Fink, will host a teleconference for analysts and investors at 8:30 a.m. ET. The earnings release and supplemental materials will be accessible via BlackRock's website. A live webcast will also be available, with a replay starting at 11:30 a.m. ET on the same day.
BlackRock (NYSE:BLK) announced that its CFO, Gary S. Shedlin, will speak at the Goldman Sachs US Financial Services Conference on December 6, 2022, at approximately 3:00 p.m. ET. A live video webcast will be available on www.blackrock.com, with a replay accessible within 24 hours for three months. BlackRock aims to promote financial well-being by making investing easier and more affordable.
BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.88 per share, payable on December 23, 2022, to shareholders who are on record as of the close of business on December 7, 2022. This dividend underscores BlackRock's commitment to providing returns to its investors and enhancing financial well-being.
New Hanover Community Endowment (NHCE) has appointed BlackRock as its investment advisor to manage approximately $1.1 billion in assets. This partnership aims to enhance fiduciary oversight and align investments with NHCE’s long-term objectives. NHCE CEO William Buster emphasized the commitment to improving the lives of New Hanover residents, while BlackRock's expertise will help navigate current market challenges. The planned investment portfolio will be diversified across major asset classes, supporting NHCE’s goal of impactful community solutions.
BlackRock has announced the addition of the iShares Core Dividend ETF (Cboe: DIVB) to its iShares Core ETF lineup, reducing its management fee from 0.25% to 0.05%. This positions DIVB as the lowest-cost dividend ETF in the U.S., with a fee of just 5bps. BlackRock aims to provide affordable investment options for clients seeking diversified income strategies, especially in inflationary environments. The launch aligns with BlackRock's ongoing commitment to investment affordability, having saved investors $338 million in fees since 2015.
BlackRock Alternatives has announced the first closing of its Global Infrastructure Fund IV, raising US$4.5 billion, representing over half of its US$7.5 billion target. The fund focuses on essential infrastructure investments worldwide, capitalizing on the trends of Decarbonization, Decentralization, and Digitalization. Over 75% of its commitments come from prior investors. Managed by a seasoned team with over 60 experts, Infra IV aims to deliver resilient cash flow and cater to increasing infrastructure investment demands amid the global energy transition.
BlackRock, Inc. (NYSE: BLK) reported its third-quarter financial results for 2022, with details available at their investor relations site. Key executives, including Laurence D. Fink, will host a teleconference on October 13, 2022, at 8:30 a.m. ET, open to public participation. A webcast replay will be accessible post-event.
BlackRock's commitment is to enhance financial well-being for individuals, providing financial technology solutions to help people save and invest effectively.
Cachematrix by BlackRock launches a new mobile application for cash investors, enabling access to a liquidity marketplace across 20 countries with over $300 Billion USD in AUM.1 The app allows real-time monitoring of accounts, order approvals via dual authorization, and future subscription requests to money market funds. BlackRock executives emphasize the importance of risk management in today’s volatile market.
The mobile app is now available to iPhone users in the U.S., UK, and select EMEA countries, enhancing client experience and operational efficiency.