Summary by Futu AI
On September 30, 2024, BlackRock, Inc. filed a Schedule 13G with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in Dell Technologies Inc. According to the filing, BlackRock owns 22,819,963 shares of Dell Technologies' common stock, which represents 6.8% of the company's class of securities. The filing was made under Rule 13d-1(b), which is typically used by passive investors not seeking to change or influence the control of the company. BlackRock, a Delaware-based investment management corporation, has sole dispositive power over all the shares it reported, while it does not have any shared voting or dispositive power. The filing also includes a list of subsidiaries under BlackRock that own 5% or greater of the outstanding shares of Dell Technologies. The document was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., on October 22, 2024.