BlackRock (BLK) discloses 5.4% beneficial ownership in DOLE plc (DOLE)
Rhea-AI Filing Summary
BlackRock, Inc. reported beneficial ownership of common stock of DOLE plc on a Schedule 13G. BlackRock’s reporting business units collectively beneficially own 5,107,979 shares of DOLE common stock, representing 5.4% of the class. Of these, 4,995,727 shares carry sole voting power and 5,107,979 shares carry sole dispositive power, with no shared voting or dispositive power reported. Various underlying clients have rights to dividends or sale proceeds, but no single underlying holder has more than five percent of DOLE’s outstanding common shares.
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Key Figures
Shares beneficially owned: 5,107,979 shares
Percent of class: 5.4%
Sole voting power: 4,995,727 shares
+3 more
6 metrics
Shares beneficially owned
5,107,979 shares
Common stock of DOLE plc beneficially owned by BlackRock reporting units
Percent of class
5.4%
Portion of DOLE plc common stock represented by BlackRock’s reported holdings
Sole voting power
4,995,727 shares
DOLE shares over which BlackRock has sole power to vote or direct the vote
Sole dispositive power
5,107,979 shares
DOLE shares over which BlackRock has sole power to dispose or direct disposition
Form type
Schedule 13G
Beneficial ownership report filed for DOLE plc common stock
Reporting entity jurisdiction
Delaware
Citizenship or place of organization of BlackRock, Inc.
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
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 4,995,727.00 6 | Shared Voting Power 0.00"
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
"7 | Sole Dispositive Power 5,107,979.00 8 | Shared Dispositive Power 0.00"
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.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 ... this schedule reflects the securities"
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.
Power of Attorney regulatory
"Exhibit Information 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of DOLE (DOLE) does BlackRock’s stake represent?
BlackRock’s reported holdings represent 5.4% of the outstanding DOLE plc common stock. This percentage is based on the company’s total outstanding common shares as referenced in the ownership calculation.
What dispositive power does BlackRock report for its DOLE (DOLE) position?
BlackRock reports sole dispositive power over 5,107,979 DOLE shares and no shared dispositive power. Sole dispositive power means the reporting business units can decide whether and when to sell or otherwise dispose of those shares.
Do any underlying investors hold over 5% of DOLE (DOLE) through BlackRock?
The filing states that various persons have rights to dividends or sale proceeds from DOLE shares, but no single person’s interest exceeds five percent of DOLE’s total outstanding common shares.
Who signed the Schedule 13G reporting BlackRock’s DOLE (DOLE) holdings?
The Schedule 13G was signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc., with a related Power of Attorney provided as Exhibit 24.