FMR and Abigail Johnson report 9.2% BRP Inc. (DOO) ownership stake
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson have disclosed a significant ownership position in BRP Inc. They report beneficial ownership of 3,552,129 Subordinate Voting Shares, representing 9.2% of the class as of the event date. FMR LLC has sole voting and dispositive power over these shares, while Johnson has sole dispositive power. The filing states the securities were acquired and are held in the ordinary course of business, not to change or influence control of BRP Inc. One or more other persons may receive dividends or sale proceeds from these shares, but no single such interest exceeds five percent of the class.
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FAQ
What ownership stake in BRP Inc. (DOO) does FMR LLC report?
FMR LLC reports beneficial ownership of 3,552,129 BRP Inc. Subordinate Voting Shares, equal to 9.2% of the class. This gives FMR LLC a sizeable institutional position, with sole voting and dispositive power over all reported shares according to the Schedule 13G/A.
How is Abigail P. Johnson involved in BRP Inc. (DOO) according to this filing?
Abigail P. Johnson is listed as a reporting person with beneficial ownership of 3,552,129 shares, or 9.2% of BRP Inc. She has sole dispositive power over the shares, while voting power is reported as zero, reflecting her role alongside FMR LLC.
Does FMR LLC intend to influence control of BRP Inc. (DOO)?
The filing states the BRP Inc. shares were acquired and are held in the ordinary course of business, not to change or influence control. It also notes they are not held in connection with any control-related transaction, aside from limited nomination activities referenced by rule citation.
What percentage of BRP Inc. (DOO) does this Schedule 13G/A cover?
The Schedule 13G/A reports that FMR LLC and Abigail P. Johnson beneficially own 9.2% of BRP Inc.’s Subordinate Voting Shares. This percentage is based on 3,552,129 shares and reflects ownership above the five percent regulatory reporting threshold.