T. Rowe Price holds 10.7% stake in Expro Group (XPRO)
Rhea-AI Filing Summary
T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting a significant ownership position in Expro Group Holdings N.V. common stock. The firm reports beneficial ownership of 12,118,451 shares, representing 10.7% of the outstanding common stock as of the January 31, 2026 event date.
T. Rowe Price reports sole voting power over 11,882,485 shares and sole dispositive power over 12,118,451 shares, with no shared voting or dispositive power. It states the securities were acquired and are held in the ordinary course of business, not to change or influence control of Expro, and expressly denies beneficial ownership beyond its investment adviser role.
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FAQ
What does T. Rowe Price Associates’ Schedule 13G/A filing for XPRO show?
The filing shows T. Rowe Price Associates, Inc. reports beneficial ownership of 12,118,451 Expro common shares, representing 10.7% of the class. The position is held in the ordinary course of business, with no intention to change or influence control of the company.
What percentage of Expro (XPRO) does T. Rowe Price’s stake represent?
T. Rowe Price’s reported stake represents 10.7% of Expro’s common stock. This percentage is based on its beneficial ownership of 12,118,451 shares as disclosed in the Schedule 13G/A, indicating a sizable institutional position in the company’s equity.
Does T. Rowe Price intend to influence control of Expro (XPRO)?
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. It also notes they are not held in connection with any transaction designed to have that control-related effect.
Does T. Rowe Price claim full beneficial ownership of its Expro (XPRO) stake?
T. Rowe Price expressly denies beneficial ownership of the securities beyond its role, stating that the filing should not be construed as an admission of beneficial ownership. This is typical language for investment advisers managing assets on behalf of clients.