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Applied Materials | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(9.2%)

SEC announcement ·  Feb 2 14:21
Summary by Moomoo AI
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on February 2, 2024, indicating a significant ownership stake in Applied Materials, Inc. As of December 31, 2023, BlackRock reported beneficial ownership of 76,811,130 shares of Applied Materials' common stock, which represents 9.2% of the company's class of securities. The filing, which is a routine disclosure for entities holding more than 5% of a company's stock, shows that BlackRock has sole voting power over 69,086,187 shares and sole dispositive power over all 76,811,130 shares it owns. The document clarifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Applied Materials. The filing also includes a list of BlackRock's subsidiaries and a power of attorney authorizing certain individuals to execute documents related to the company's reporting obligations.
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on February 2, 2024, indicating a significant ownership stake in Applied Materials, Inc. As of December 31, 2023, BlackRock reported beneficial ownership of 76,811,130 shares of Applied Materials' common stock, which represents 9.2% of the company's class of securities. The filing, which is a routine disclosure for entities holding more than 5% of a company's stock, shows that BlackRock has sole voting power over 69,086,187 shares and sole dispositive power over all 76,811,130 shares it owns. The document clarifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Applied Materials. The filing also includes a list of BlackRock's subsidiaries and a power of attorney authorizing certain individuals to execute documents related to the company's reporting obligations.
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