SCHEDULE 13G/A: BlackRock Amends RE/MAX Holdings Stake, Discloses 7.2% Beneficial Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an Amendment No. 5 to Schedule 13G, disclosing a 7.2% beneficial ownership stake in RE/MAX Holdings, Inc.'s Class A Stock as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 5 to Schedule 13G regarding its beneficial ownership in RE/MAX Holdings, Inc. Class A Stock.
- As of March 31, 2025, BlackRock beneficially owns an aggregate of 1,363,608 shares of RE/MAX Holdings, Inc. Class A Stock.
- This ownership represents 7.2% of the total outstanding Class A Stock.
- BlackRock holds sole voting power over 1,338,489 shares and sole dispositive power over 1,363,608 shares.
- The filing explicitly states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of RE/MAX Holdings, Inc.
- Several BlackRock subsidiaries are identified as beneficially owning shares, including BlackRock Advisors, LLC, BlackRock Asset Management Canada Limited, BlackRock Fund Advisors, BlackRock Institutional Trust Company, National Association, BlackRock Financial Management, Inc., and BlackRock Investment Management, LLC.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an institutional ownership stake, indicating a passive investment by BlackRock. It does not convey positive or negative sentiment about RE/MAX Holdings, Inc.'s performance or prospects.
Risks
- The filing explicitly states that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, mitigating potential risks associated with activist investor involvement.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake, confirming BlackRock's passive investment intent.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previous Power of Attorney that was revoked by the new one. |
| 2025-01-21 | Date of the new Power of Attorney executed by BlackRock, Inc. |
| 2025-03-31 | Date of event which requires filing of this statement (ownership snapshot date). |
| 2025-04-17 | Date of filing/signature of the Schedule 13G Amendment No. 5. |
Keywords
RE/MAX Holdings Inc., BlackRock Inc., Schedule 13G, Beneficial Ownership, Class A Stock, Institutional Investor, SEC Filing, Real Estate Industry
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