Destination XL Group (DXLG) sees Nomura report 6.1% beneficial ownership stake
Rhea-AI Filing Summary
Nomura Holdings, Inc. and its subsidiary Nomura Global Financial Products, Inc. reported beneficial ownership of common stock of Destination XL Group, Inc.. The filing states that Nomura entities have shared voting and dispositive power over 3,393,348 shares of common stock, representing 6.1% of the outstanding shares.
The ownership percentage is based on 55,273,092 shares of Destination XL common stock outstanding as of June 15, 2026, as referenced from the company’s proxy statement. Voting and dispositive powers are held on a shared basis, with no sole voting or dispositive power reported by the Nomura entities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 3,393,348 shares
Ownership percentage: 6.1%
Shares outstanding: 55,273,092 shares
+3 more
6 metrics
Shares beneficially owned
3,393,348 shares
Common Stock beneficially owned by Nomura Global Financial Products, Inc.
Ownership percentage
6.1%
Percent of Destination XL common stock class held by Nomura entities
Shares outstanding
55,273,092 shares
Destination XL common stock outstanding as of June 15, 2026
Shared voting power
3,393,348 shares
Shares over which Nomura entities have shared voting power
Sole voting power
0 shares
Shares over which Nomura entities have sole voting power
Shared dispositive power
3,393,348 shares
Shares over which Nomura entities have shared dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"represents 3,393,348 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc."
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.
Schedule 13G regulatory
"percent of class is calculated based on 55,273,092 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's proxy statement on Schedule 14A"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
FAQ
What stake in DESTINATION XL GROUP, INC. (DXLG) does Nomura report on this Schedule 13G?
Nomura entities report beneficial ownership of 3,393,348 shares of Destination XL Group common stock, representing 6.1% of the outstanding shares, based on 55,273,092 shares outstanding as of June 15, 2026.
How is the 6.1% ownership in DXLG calculated in Nomura’s Schedule 13G?
The 6.1% ownership is calculated using 55,273,092 shares of Destination XL common stock outstanding as of June 15, 2026, as reported in the issuer’s Schedule 14A proxy statement filed on July 17, 2026.
Where is Destination XL Group (DXLG) headquartered according to this filing?
Destination XL Group’s principal executive offices are listed as 555 Turnpike Street, Canton, Massachusetts 02021, providing the issuer’s official corporate address in this ownership disclosure by the Nomura entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.