Ciena (NYSE: CIEN): BlackRock reports 10.3% beneficial stake in amended 13G
Rhea-AI Filing Summary
BlackRock, Inc. has filed an amended Schedule 13G reporting its beneficial ownership of 14,537,914 shares of Ciena Corporation common stock, representing 10.3% of the class as of the event date 11/30/2025. BlackRock reports sole power to vote 13,714,981 of these shares and sole power to dispose of 14,537,914 shares, with no shared voting or dispositive power.
The filing explains that these holdings reflect securities beneficially owned, or deemed to be beneficially owned, by certain BlackRock business units, and excludes other disaggregated units. It also notes that various persons have rights to dividends or sale proceeds from Ciena stock, but no individual holds more than five percent of the total outstanding common shares. BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Ciena.
Positive
- None.
Negative
- None.
FAQ
What ownership stake in CIEN does BlackRock report in this Schedule 13G/A?
BlackRock reports beneficial ownership of 14,537,914 shares of Ciena Corporation (CIEN) common stock, representing 10.3% of the outstanding class.
How much voting power does BlackRock have over CIEN shares?
BlackRock reports sole voting power over 13,714,981 Ciena shares and no shared voting power, indicating it alone can vote those shares.
What dispositive power does BlackRock report over CIEN stock?
BlackRock has sole dispositive power over 14,537,914 Ciena shares and no shared dispositive power, meaning it alone can decide whether to sell or otherwise dispose of those shares.
Is BlackRock seeking to influence control of Ciena Corporation (CIEN)?
No. BlackRock certifies that the Ciena securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Who ultimately benefits from the CIEN shares held by BlackRock?
The filing states that various persons have rights to dividends or sale proceeds from Ciena stock held by BlackRock, but no single person has an interest in more than 5% of Ciena's total outstanding common shares.
Which BlackRock entities are included in this CIEN ownership report?
The ownership reflects securities beneficially owned, or deemed beneficially owned, by certain Reporting Business Units of BlackRock, Inc. and its subsidiaries and affiliates, excluding other business units that are disaggregated under SEC guidance.