BlackRock reports 6.9% stake in Embraer
BlackRock, Inc. has filed an amended Schedule 13G reporting a significant passive ownership stake in EMBRAER S.A. common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BlackRock, Inc. has filed an amended Schedule 13G reporting a significant passive ownership stake in EMBRAER S.A. common stock. BlackRock reports beneficial ownership of 50,955,237 shares, representing 6.9% of the class.
The filing shows BlackRock has sole power to vote 47,986,243 shares and sole power to dispose of 50,955,237 shares, with no shared voting or dispositive power. The shares are attributed to certain BlackRock business units, and various underlying clients have rights to dividends or sale proceeds, with no single client holding more than five percent of Embraer’s outstanding common shares. BlackRock certifies the position is held in the ordinary course of business and not for the purpose of influencing control of Embraer.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of EMBRAER S.A. (ERJ) does BlackRock now report owning?
How much voting power does BlackRock have in EMBRAER S.A. according to the filing?
Is BlackRock’s stake in EMBRAER S.A. intended to influence control of the company?
Which entity filed the Schedule 13G/A for EMBRAER S.A.?
AI-generated analysis. How Rhea-AI works. Not financial advice.