SCHEDULE 13G/A: BlackRock Discloses 4.7% Stake in Ballard Power Systems
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, revealing a 4.7% beneficial ownership stake in Ballard Power Systems Inc. as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 14,165,608 shares of Ballard Power Systems Inc. common stock.
- This aggregate amount represents 4.7% of Ballard Power Systems Inc.'s outstanding common stock.
- BlackRock holds sole voting power over 13,382,819 shares.
- BlackRock holds sole dispositive power over 14,165,608 shares.
- No shared voting or dispositive power was reported.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a previous filing.
- BlackRock, Inc. is classified as a parent holding company and control person.
- Various BlackRock business units and subsidiaries contribute to this beneficial ownership, none individually holding more than 5%.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment. It does not contain positive or negative performance indicators.
Future Outlook
NA
Industry Context
This filing reflects a standard disclosure by a major institutional investor, BlackRock, regarding its passive stake in a company. It does not provide specific insights into Ballard Power Systems' operational performance or the broader fuel cell industry beyond BlackRock's investment position.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, confirming BlackRock's continued passive investment in the company.
- Management: Awareness of a major institutional holder's position, though it's a passive stake not intended to influence control.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previously revoked Power of Attorney. |
| 2025-01-21 | Date of the new Power of Attorney executed by BlackRock, Inc. |
| 2025-03-31 | Date of event which requires the filing of this statement (reporting period end). |
| 2025-04-24 | Date of signature for the Schedule 13G filing. |
Keywords
BlackRock, Ballard Power Systems, Schedule 13G, SEC filing, beneficial ownership, common stock, institutional investor, passive investment, fuel cell technology
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