Summary by Futu AI
BlackRock, Inc., the global investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on January 26, 2024, indicating a 6.9% ownership stake in Exxon Mobil Corp. This filing, which reflects the state of affairs as of December 31, 2023, shows that BlackRock has sole voting power over 254,681,764 shares and sole dispositive power over 272,498,849 shares of Exxon Mobil's common stock. The filing is a routine disclosure required by investors holding more than 5% of a company's shares and is not intended to influence control of the company. The address of BlackRock's principal business office is listed as 50 Hudson Yards, New York, NY 10001. The filing includes a list of BlackRock's subsidiaries and a power of attorney granting authority to certain individuals to execute documents necessary for compliance with regulatory requirements.