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 November 8, 2024, indicating a significant ownership stake in First Solar, Inc. The filing reveals that BlackRock now beneficially owns 11,128,120 shares of First Solar's common stock, which represents 10.4% of the company's class of securities. This position gives BlackRock sole voting power over 10,261,066 shares and sole dispositive power over the entire 11,128,120 shares it holds. The filing was made under Rule 13d-1(b), indicating that BlackRock is a parent holding company or control person. The document emphasizes that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of First Solar, nor in connection with any transaction having such purpose or effect.