SCHEDULE 13G/A: BlackRock Amends Stake in Ameriprise Financial, Disclosing 9.4% Beneficial Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an Amendment No. 15 to its Schedule 13G, revealing a 9.4% beneficial ownership stake in Ameriprise Financial Inc. as of December 31, 2024.
Summary
- BlackRock, Inc. filed an Amendment No. 15 to its Schedule 13G regarding its beneficial ownership in Ameriprise Financial Inc.
- As of December 31, 2024, BlackRock, Inc. beneficially owned an aggregate of 9,121,526 shares of Ameriprise Financial Inc. common stock.
- This ownership represents 9.4% of the total outstanding common stock of Ameriprise Financial Inc.
- BlackRock, Inc. holds sole voting power over 8,081,893 shares and sole dispositive power over 9,121,526 shares.
- The filing was made under Rule 13d-1(b), indicating that BlackRock is an institutional investor holding the shares in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a neutral, factual disclosure of beneficial ownership, typical for institutional investors. It does not contain positive or negative performance indicators or strategic announcements.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders of Ameriprise Financial Inc. are informed of a significant institutional holder's stake, providing transparency regarding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (reporting period end date for ownership calculation). |
| 01/21/2025 | Date of execution of the Power of Attorney for filing purposes. |
| 02/05/2025 | Date of filing of the Schedule 13G Amendment No. 15. |
Keywords
BlackRock, Ameriprise Financial, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing, financial services, asset management
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