Norges Bank (CE) discloses 9.6M-share Celanese stake on Schedule 13G/A
Rhea-AI Filing Summary
Norges Bank, the central bank of Norway, reports beneficial ownership of Celanese Corp common stock on a passive basis. It reports holding 9,645,359 shares, representing 8.7955% of the outstanding common stock.
Norges Bank has sole voting power over 9,342,811 shares and no shared voting power. It has sole dispositive power over 9,342,811 shares and shared dispositive power over 302,548 shares. Certain shares are invested on behalf of the Government of Norway.
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Key Figures
Beneficially owned shares: 9,645,359 shares
Ownership percentage: 8.7955%
Sole Voting Power: 9,342,811 shares
+1 more
4 metrics
Beneficially owned shares
9,645,359 shares
Total Celanese Corp common shares beneficially owned by Norges Bank
Ownership percentage
8.7955%
Percent of Celanese Corp common stock class owned by Norges Bank
Sole Voting Power
9,342,811 shares
Shares for which Norges Bank can solely vote or direct the vote
Shared Dispositive Power
302,548 shares
Shares for which Norges Bank shares power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, Shared Dispositive Power, Schedule 13D, +1 more
5 terms
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 9645359"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 9,342,811.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Schedule 13D regulatory
"information that would otherwise be disclosed in a Schedule 13D"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Schedule 13G/A regulatory
"I undertake to furnish ... otherwise be disclosed in a Schedule 13D."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Celanese Corp (CE) does Norges Bank own?
Norges Bank reports beneficial ownership of 8.7955% of Celanese Corp common stock. This corresponds to 9,645,359 shares as disclosed, reflecting a significant institutional position in the company.
Who is Norges Bank investing for in its Celanese Corp (CE) holdings?
The filing states that certain shares are invested on behalf of the Government of Norway. Norges Bank is acting as an institutional investor, with some economic interest ultimately attributable to the Norwegian government.
Is the Norges Bank position in Celanese Corp (CE) filed on Schedule 13G or 13D?
The position is reported on Schedule 13G/A, which is typically used by certain institutional investors and passive holders instead of a more activist Schedule 13D filing.
What is the CUSIP and class of securities Norges Bank holds in Celanese Corp (CE)?
Norges Bank reports holdings in Celanese Corp Common Stock with CUSIP 150870103. The filing identifies this specific class of securities as the subject of its ownership report.