SCHEDULE 13G/A: BlackRock Amends Passive Stake in Centerra Gold, Holding 3.8% of Common Stock
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a passive beneficial ownership of 3.8% in Centerra Gold Inc.'s common stock.
Summary
- BlackRock, Inc. filed an Amendment No. 2 to its Schedule 13G regarding its beneficial ownership of common stock in Centerra Gold Inc.
- As of January 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 8,118,020 shares of Centerra Gold Inc. common stock.
- This ownership represents 3.8% of the class of Centerra Gold Inc.'s common stock.
- BlackRock, Inc. holds sole voting power over 7,939,905 shares and sole dispositive power over 8,118,020 shares.
- The filing indicates 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 Centerra Gold Inc.
- No single subsidiary of BlackRock, Inc. listed in Exhibit 99 is reported to beneficially own 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G individually.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing passive beneficial ownership, with no positive or negative implications for the issuer's performance or outlook. It simply provides factual ownership data.
Industry Context
This filing is a routine disclosure by a major institutional investor, BlackRock, Inc., regarding its passive stake in a publicly traded company, Centerra Gold Inc., which operates in the mining industry. Such filings provide transparency on significant ownership positions but typically do not reflect strategic shifts or operational performance of the issuer.
Stakeholder Impact
- Shareholders: Provides transparency on a significant institutional investor's stake, confirming BlackRock's continued passive investment in Centerra Gold Inc.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previous Power of Attorney that was expressly revoked. |
| 2025-01-21 | Date of execution for the new Power of Attorney. |
| 2025-01-31 | Date of event which requires filing of this statement (measurement date for ownership). |
| 2025-02-07 | Date of filing of this Schedule 13G Amendment No. 2. |
Keywords
BlackRock, Centerra Gold, SEC filing, Schedule 13G, beneficial ownership, common stock, investment management, passive investment, mining industry
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