SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Maintain Significant 6.7% Stake in O-I Glass Inc.
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 6.7% of O-I Glass Inc.'s common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson, through an amended Schedule 13G filing (Amendment No. 6), reported beneficial ownership of 10,276,474.81 shares of O-I Glass Inc. common stock.
- This ownership represents 6.7% of the total outstanding common stock of O-I Glass Inc.
- FMR LLC holds sole voting power over 10,083,803.82 shares and sole dispositive power over 10,276,474.81 shares.
- Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, is also deemed to beneficially own the same 10,276,474.81 shares with sole dispositive power.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of O-I Glass Inc.
- The filing indicates that one or more other persons have the right to receive dividends or proceeds from the sale of these securities, but no single other person's interest exceeds five percent.
- Subsidiaries of FMR LLC, including Fidelity Management & Research Company LLC, FIAM LLC, and Strategic Advisers LLC, are identified as relevant entities, with Fidelity Management & Research Company LLC beneficially owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: Neutral. This is a routine regulatory filing reporting beneficial ownership, not containing performance or strategic updates.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders of O-I Glass Inc. will be informed of a significant institutional investor's continued stake, potentially signaling confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number -23-000038) for Abigail P. Johnson was incorporated by reference. |
| 2025-03-31 | Date of event which requires filing of this statement. |
| 2025-05-09 | Date of signing and filing of this Schedule 13G Amendment No. 6. |
Keywords
O-I Glass Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Glass Packaging, Investment Management
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