Summary by Moomoo AI
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Realty Income Corporation. According to the filing, BlackRock now beneficially owns 70,365,384 shares of Realty Income's common stock, which represents approximately 9.7% of the company's total outstanding shares. The filing was made under Rule 13d-1(b), which is typically used by passive investors to report their holdings. The document also confirms that BlackRock has sole voting power over 64,266,203 shares and sole dispositive power over all 70,365,384 shares it owns. The filing, dated January 24, 2024, emphasizes that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of Realty Income Corporation.