BlackRock, Inc., a major investment firm based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on January 25, 2024, indicating a significant ownership stake in Cisco Systems, Inc. According to the filing, BlackRock now beneficially owns 351,115,676 shares of Cisco's common stock, which represents 8.6% of the company's class of securities. This position gives BlackRock sole voting power over 318,608,139 shares and sole dispositive power over the entire 351,115,676 shares it holds. The filing was made under Rule 13d-1(b), which applies to certain large institutional investment managers. 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 Cisco. The date of the event which required the filing of this statement was December 31, 2023.

BlackRock, Inc., a major investment firm based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on January 25, 2024, indicating a significant ownership stake in Cisco Systems, Inc. According to the filing, BlackRock now beneficially owns 351,115,676 shares of Cisco's common stock, which represents 8.6% of the company's class of securities. This position gives BlackRock sole voting power over 318,608,139 shares and sole dispositive power over the entire 351,115,676 shares it holds. The filing was made under Rule 13d-1(b), which applies to certain large institutional investment managers. 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 Cisco. The date of the event which required the filing of this statement was December 31, 2023.