Summary by Moomoo AI
BlackRock, Inc., the global investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on February 9, 2024, indicating a change in its holdings in Vale SA, a leading mining company. According to the filing, BlackRock now beneficially owns 289,063,618 shares of Vale SA's common stock, which represents 6.4% of the company's class of securities. This position gives BlackRock sole voting power over 276,669,468 shares and sole dispositive power over the entire 289,063,618 shares it holds. The filing, which reflects the state of holdings as of December 31, 2023, confirms that BlackRock's interest in Vale SA is purely for investment purposes and not with the intent to change or influence the control of the company.