SCHEDULE 13G/A: BlackRock Discloses 14.8% Stake in CSG Systems International
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting beneficial ownership of 14.8% of CSG Systems International Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. beneficially owns 4,268,412 shares of CSG Systems International Inc. common stock.
- This ownership represents 14.8% of the total outstanding common stock of CSG Systems International Inc.
- BlackRock, Inc. holds sole voting power over 4,234,700 shares.
- BlackRock, Inc. holds sole dispositive power over 4,268,412 shares.
- No shared voting or dispositive power is reported.
- One of BlackRock's entities, iShares Core S&P Small-Cap ETF, holds more than 5% of the total outstanding common stock of CSG Systems International Inc.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or prospects.
Positives
- NA
Negatives
- NA
Risks
- The document does not detail specific risks related to CSG Systems International Inc.'s operations or financial health, as it is a beneficial ownership disclosure filing.
Future Outlook
The document is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding CSG Systems International Inc.'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 240.14a-11."
Industry Context
This filing is a routine regulatory disclosure by a major institutional investor, BlackRock, Inc., detailing its passive ownership stake in CSG Systems International Inc. It does not provide broader industry trends or competitive analysis.
Comparison to Industry Standards
- NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | BlackRock, Inc. executed a new Power of Attorney on January 21, 2025, revoking a previous one dated April 30, 2023. This new power of attorney authorizes specific individuals to execute and file documents related to ownership or control-person reporting requirements on behalf of BlackRock and its subsidiaries. | 2025-01-21 | Streamlines regulatory filing processes for BlackRock by updating authorized signatories for SEC and other governmental reporting. |
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's passive ownership stake in CSG Systems International Inc.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previously revoked Power of Attorney. |
| 2025-01-21 | Date of execution for the new Power of Attorney. |
| 2025-03-31 | Date of event which requires the filing of this statement (reporting period end). |
| 2025-04-28 | Date of filing and signature by BlackRock, Inc. |
Keywords
BlackRock, CSG Systems International, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management
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