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 October 21, 2024, indicating a significant ownership stake in First Solar, Inc. The filing reveals that BlackRock now holds 11,128,120 shares of First Solar's common stock, which represents 10.4% of the company's total class of securities. This position grants BlackRock sole dispositive power over the shares, though it does not have sole or shared voting power. The filing, made under Rule 13d-1(b), signifies that BlackRock's investment is passive in nature and not intended to change or influence the control of First Solar. The document also lists various subsidiaries of BlackRock that may own a 5% or greater interest in the security class being reported.