SCHEDULE 13G/A: T. Rowe Price Investment Management Discloses 9.5% Stake in Expro Group Holdings NV
Beneficial Ownership Disclosure
T. Rowe Price Investment Management, Inc. has filed an amended Schedule 13G, reporting a 9.5% beneficial ownership stake in Expro Group Holdings NV as of December 31, 2024.
Summary
- T. Rowe Price Investment Management, Inc. (TRPIM) filed an Amendment No. 2 to Schedule 13G concerning its beneficial ownership in Expro Group Holdings NV.
- As of December 31, 2024, TRPIM beneficially owns an aggregate of 11,125,506 shares of Expro Group Holdings NV common stock.
- This ownership represents 9.5% of the total class of securities.
- TRPIM holds sole voting power over 11,095,442 shares and sole dispositive power over 11,125,506 shares.
- The filing certifies 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 the issuer.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing (Schedule 13G) disclosing an institutional investor's passive ownership stake, providing factual information without expressing positive or negative sentiment about the issuer's performance or outlook.
Positives
- The disclosure of a significant stake by a major institutional investor like T. Rowe Price Investment Management, Inc. provides transparency to the market regarding the company's shareholder base.
Future Outlook
NA
Industry Context
This filing is a routine regulatory disclosure of an institutional investor's passive ownership stake and does not provide specific insights into broader industry trends or competitive landscape for Expro Group Holdings NV.
Stakeholder Impact
- Shareholders: Provides transparency regarding the ownership structure and the significant stake held by a major institutional investor.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (reporting period end date). |
| 02/14/2025 | Date the Schedule 13G Amendment No. 2 was signed. |
Keywords
Expro Group Holdings NV, T. Rowe Price Investment Management, Schedule 13G, beneficial ownership, common stock, institutional investment, SEC filing, N3144W105
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