BlackRock (COTY holder) discloses 56M-share, 6.4% position in Coty Inc.
Rhea-AI Filing Summary
BlackRock, Inc. reported a passive ownership position in Coty Inc. Class A stock. BlackRock and certain of its business units beneficially owned 56,018,923 Coty Class A shares, representing 6.4% of the class as of the reporting date.
BlackRock had sole voting power over 55,452,045 shares and sole dispositive power over 56,018,923 shares, with no shared voting or dispositive power. Various underlying clients may receive dividends or sale proceeds, but no single client holds more than five percent of Coty’s outstanding common shares.
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Key Figures
Beneficial ownership: 56,018,923 shares
Percent of class: 6.4%
Sole voting power: 55,452,045 shares
+3 more
6 metrics
Beneficial ownership
56,018,923 shares
Coty Inc. Class A Stock beneficially owned by BlackRock business units
Percent of class
6.4%
Portion of Coty Inc. Class A Stock reported as beneficially owned
Sole voting power
55,452,045 shares
Shares of Coty Inc. over which BlackRock has sole power to vote
Shared voting power
0 shares
Shares of Coty Inc. over which BlackRock has shared power to vote
Sole dispositive power
56,018,923 shares
Coty shares over which BlackRock has sole power to dispose
Shared dispositive power
0 shares
Coty shares over which BlackRock has shared power to dispose
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +2 more
6 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by"
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
"Sole Voting Power 55,452,045.00"
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.
sole dispositive power financial
"Sole Dispositive Power 56,018,923.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"Percent of class: 6.4 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Schedule 13G regulatory
"Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake in Coty Inc (COTY) does BlackRock report on this Schedule 13G?
BlackRock reports beneficial ownership of 56,018,923 Coty Inc. Class A shares, representing 6.4% of the outstanding class. This holding is reported by certain BlackRock business units under SEC rules for institutional investors.
How much voting power does BlackRock have in Coty Inc (COTY)?
BlackRock has sole voting power over 55,452,045 Coty Class A shares and no shared voting power. This means only these shares can be voted at BlackRock’s discretion, without joint control with other parties.
Do any BlackRock clients individually own more than 5% of Coty Inc (COTY)?
No. The filing states that various persons may receive dividends or sale proceeds from Coty shares, but no single person’s interest exceeds five percent of Coty’s total outstanding common shares.
Which BlackRock entity is the reporting person for this Coty Inc (COTY) holding?
The reporting person is BlackRock, Inc., a Delaware corporation. The reported position reflects securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units and related subsidiaries and affiliates under SEC Release No. 34-39538.
What class of Coty Inc (COTY) securities is held by BlackRock and what is the CUSIP?
BlackRock’s position is in Coty Inc. Class A Stock, identified by CUSIP 222070203. The Schedule 13G covers only this specific class of Coty equity securities held through BlackRock’s reporting business units.