Renaissance Technologies details 4.92% Teekay Corp (TK) ownership stake
Rhea-AI Filing Summary
Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation report beneficial ownership of 4,195,875 Teekay Corp Ltd common shares, equal to 4.92% of the outstanding class. They have sole power to vote and dispose of these shares, with no shared voting or dispositive power.
The filing states the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Teekay. Certain funds managed by Renaissance Technologies LLC have the right to receive dividends and sale proceeds from these shares.
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