SCHEDULE 13G/A: BlackRock Amends Scorpio Tankers Stake, Reports 4.9% Beneficial Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a 4.9% beneficial ownership stake in Scorpio Tankers Inc. as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 2,524,123 shares of Scorpio Tankers Inc. common stock.
- This represents 4.9% of the total outstanding common stock.
- BlackRock holds sole voting power over 2,441,762 shares and sole dispositive power over 2,524,123 shares.
- No shared voting or dispositive power was reported.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a change from a previous filing.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of BlackRock's passive beneficial ownership in Scorpio Tankers Inc., reporting a stake of 4.9%, which is just below the 5% threshold for more active reporting requirements. This indicates a stable, non-controlling investment position.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in the company.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of execution of the Power of Attorney by BlackRock, Inc. |
| 06/30/2025 | Date of event which requires filing of this statement. |
| 07/17/2025 | Date of signature for the Schedule 13G filing. |
Keywords
BlackRock, Scorpio Tankers Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Tanker Shipping
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