BlackRock, Inc. (NYSE: HL holder) discloses 10.2% ownership in Hecla Mining
Rhea-AI Filing Summary
BlackRock, Inc. reports its beneficial ownership of common stock of Hecla Mining Company on an amended Schedule 13G. BlackRock and certain of its business units beneficially own 68,486,018 shares of Hecla common stock, representing 10.2% of the class.
BlackRock has sole voting power over 66,699,267 shares and sole dispositive power over 68,486,018 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single person has more than five percent of the total outstanding common shares.
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Key Figures
Beneficial ownership: 68,486,018 shares
Percent of class: 10.2%
Sole voting power: 66,699,267 shares
+3 more
6 metrics
Beneficial ownership
68,486,018 shares
Common stock of Hecla Mining Company reported by BlackRock, Inc.
Percent of class
10.2%
Proportion of Hecla Mining Company common stock beneficially owned by BlackRock, Inc.
Sole voting power
66,699,267 shares
Shares of Hecla Mining Company over which BlackRock, Inc. has sole power to vote
Shared voting power
0 shares
Shares of Hecla Mining Company over which BlackRock, Inc. has shared voting power
Sole dispositive power
68,486,018 shares
Shares of Hecla Mining Company over which BlackRock, Inc. has sole power to dispose
Shared dispositive power
0 shares
Shares of Hecla Mining Company over which BlackRock, Inc. has shared dispositive power
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +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
"Sole Voting Power 66,699,267.00"
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 68,486,018.00"
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: 10.2 %"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Do any BlackRock clients individually hold more than 5% of Hecla Mining Company (HL)?
The filing states that various persons have rights to dividends or sale proceeds, but no one person’s interest in Hecla Mining Company common stock exceeds five percent of the total outstanding common shares.
Who signed the Schedule 13G/A filed for Hecla Mining Company (HL) on behalf of BlackRock, Inc.?
The Schedule 13G/A is signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc., pursuant to a Power of Attorney referenced as Exhibit 24.