BlackRock reports 6.2% stake in Magna International
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of Magna International Inc..
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of Magna International Inc.. BlackRock reports beneficial ownership of 16,803,301 Magna common shares, representing 6.2% of the class.
BlackRock has sole voting power over 15,645,577 shares and sole dispositive power over all 16,803,301 shares, with no shared voting or dispositive power. The filing explains that various underlying clients and accounts may receive dividends or sale proceeds, but no single underlying person is reported to have more than 5% of Magna’s outstanding common shares.
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Key Figures
Key Terms
beneficially owned financial
sole voting power financial
sole dispositive power financial
Schedule 13G regulatory
parent holding company regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in Magna International Inc. (MGA) does BlackRock report in this Schedule 13G/A?
Does this BlackRock Schedule 13G/A include all BlackRock holdings of Magna (MGA) stock?
What type of security in Magna International Inc. (MGA) is reported by BlackRock?
AI-generated analysis. How Rhea-AI works. Not financial advice.