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United States Steel | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(10.4%)

SEC ·  Jul 9 04:43
Summary by Futu AI
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on July 8, 2024, indicating a significant ownership stake in United States Steel Corporation (U.S. Steel). According to the filing, BlackRock now beneficially owns 23,416,219 shares of U.S. Steel's common stock, which represents 10.4% of the company's class of securities. This filing, required under Rule 13d-1(b) of the Securities Exchange Act of 1934, reflects changes in ownership that necessitate public disclosure. The document details BlackRock's sole voting power over 22,736,770 shares and sole dispositive power over the entire 23,416,219 shares held. The filing also includes a list of subsidiaries through which BlackRock holds its interest in U.S. Steel, as well as a power of attorney granting authority to certain individuals to execute documents on behalf of BlackRock for regulatory compliance purposes.
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on July 8, 2024, indicating a significant ownership stake in United States Steel Corporation (U.S. Steel). According to the filing, BlackRock now beneficially owns 23,416,219 shares of U.S. Steel's common stock, which represents 10.4% of the company's class of securities. This filing, required under Rule 13d-1(b) of the Securities Exchange Act of 1934, reflects changes in ownership that necessitate public disclosure. The document details BlackRock's sole voting power over 22,736,770 shares and sole dispositive power over the entire 23,416,219 shares held. The filing also includes a list of subsidiaries through which BlackRock holds its interest in U.S. Steel, as well as a power of attorney granting authority to certain individuals to execute documents on behalf of BlackRock for regulatory compliance purposes.
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