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 September 30, 2024, indicating a significant ownership stake in CVS Health Corporation. The filing reveals that BlackRock now beneficially owns 104,561,659 shares of CVS Health, which represents 8.3% of the company's common stock. This position gives BlackRock sole voting power over 93,976,550 shares and sole dispositive power over the entire 104,561,659 shares held. The filing underscores BlackRock's status as a parent holding company or control person, in accordance with Rule 13d-1(b)(1)(ii)(G). The address of CVS Health's principal executive offices is listed as One CVS Drive, Woonsocket, RI 02895. The filing also includes a list of entities under BlackRock's umbrella that beneficially own 5% or greater of the outstanding shares of CVS Health's common stock class. The document was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., on October 24, 2024.
