SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Maintain Significant Stake in AES Corp, Filing Amended Beneficial Ownership
Beneficial Ownership Statement
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reaffirming their beneficial ownership of 5.7% of AES Corp's common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson filed an Amendment No. 2 to their Schedule 13G regarding beneficial ownership of AES CORP common stock.
- As of March 31, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 40,594,873.15 shares of AES CORP common stock.
- This ownership represents 5.7% of the total outstanding class of AES CORP common stock.
- FMR LLC holds sole voting power over 38,155,446.26 shares and sole dispositive power over 40,594,873.15 shares.
- Abigail P. Johnson holds sole dispositive power over 40,594,873.15 shares, with no sole or shared voting power.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of AES CORP.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative operational or financial information about the issuer (AES CORP).
Future Outlook
The document does not provide any forward-looking statements or guidance regarding AES CORP's future outlook.
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ยงยง 240.14a-11."
Industry Context
This document is a routine beneficial ownership disclosure and does not provide specific industry context or trends related to AES CORP's operations.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Disclosure of Control Structure (FMR LLC) | The document details that members of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC (49% voting power) and have a shareholders' voting agreement, potentially forming a controlling group with respect to FMR LLC under the Investment Company Act of 1940. This pertains to the governance of the reporting entity (FMR LLC), not AES CORP. | NA | This information clarifies the control structure of the reporting entity, FMR LLC, which is a significant beneficial owner of AES CORP. It does not indicate any changes to AES CORP's corporate governance. |
Key Dates
| Date | Description |
|---|---|
| January 3, 2023 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| January 26, 2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| March 31, 2025 | Date of event which requires the filing of this statement, reflecting the beneficial ownership position. |
| May 9, 2025 | Date of filing and signature for the Schedule 13G Amendment No. 2. |
Keywords
AES CORP, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing
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