FMR discloses 5.5% IAMGOLD (IAG) stake in Schedule 13G
Rhea-AI Filing Summary
FMR LLC has disclosed a significant ownership stake in IAMGOLD Corp. As of the event date, FMR LLC and Abigail P. Johnson beneficially own 32,713,937 shares of IAMGOLD common stock, representing 5.5% of the company’s outstanding shares.
FMR has sole voting power over 32,567,621.64 shares and sole dispositive power over 32,713,937 shares, with no shared voting or dispositive power reported. The securities are described as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of IAMGOLD.
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FAQ
What percentage of IAMGOLD (IAG) does FMR LLC’s stake represent?
FMR LLC’s position represents 5.5% of IAMGOLD’s common stock. This percentage is calculated based on the issuer’s total outstanding common shares and indicates FMR as a significant but minority shareholder under U.S. beneficial ownership reporting rules.
Who are the reporting persons in this IAMGOLD (IAG) Schedule 13G filing?
The filing identifies FMR LLC and Abigail P. Johnson as reporting persons. FMR LLC is the parent holding company, while Johnson is listed with sole dispositive power over the same 32,713,937 IAMGOLD shares reported in the document.
Is FMR LLC’s IAMGOLD (IAG) stake intended to influence control of the company?
The filing states the IAMGOLD shares were acquired and are held in the ordinary course of business. It further certifies they were not acquired and are not held for the purpose of changing or influencing control of IAMGOLD or in connection with such a transaction.