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StoneCo | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(7.3%)

SEC announcement ·  Feb 6 22:42
Summary by Futu AI
BlackRock, Inc., a global investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on February 5, 2024, indicating a 7.3% ownership stake in StoneCo Ltd., a leading financial technology company. The filing, which reflects the state of ownership as of December 31, 2023, shows that BlackRock has sole voting power over 20,303,445 shares and sole dispositive power over 21,429,208 shares of StoneCo's common stock. This amendment represents a routine disclosure of BlackRock's significant investment in StoneCo and is not intended to influence the control of the company. The filing includes a list of BlackRock subsidiaries that may own shares and a power of attorney authorizing certain individuals to execute compliance documents on behalf of BlackRock.
BlackRock, Inc., a global investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on February 5, 2024, indicating a 7.3% ownership stake in StoneCo Ltd., a leading financial technology company. The filing, which reflects the state of ownership as of December 31, 2023, shows that BlackRock has sole voting power over 20,303,445 shares and sole dispositive power over 21,429,208 shares of StoneCo's common stock. This amendment represents a routine disclosure of BlackRock's significant investment in StoneCo and is not intended to influence the control of the company. The filing includes a list of BlackRock subsidiaries that may own shares and a power of attorney authorizing certain individuals to execute compliance documents on behalf of BlackRock.

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