SCHEDULE 13G/A: BlackRock Boosts Stake in Radius Recycling to 14.4% of Class A Common Stock
Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a beneficial ownership of 14.4% of Radius Recycling, Inc.'s Class A Common Stock as of December 31, 2024.
Summary
- BlackRock, Inc. reported beneficial ownership of 4,025,467 shares of Radius Recycling, Inc.'s Class A Common Stock.
- This aggregate amount represents 14.4% of the total outstanding Class A Common Stock.
- BlackRock, Inc. holds sole voting power over 3,718,385 shares.
- BlackRock, Inc. holds sole dispositive power over 4,025,467 shares.
- The filing is an Amendment No. 2 to a previous Schedule 13G, indicating an updated ownership position.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of ownership, providing no explicit positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previously revoked Power of Attorney. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-01-21 | Date of new Power of Attorney. |
| 2025-02-05 | Date of filing and signature by BlackRock, Inc. |
Keywords
BlackRock, Radius Recycling, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, Passive Investment, Recycling Industry
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