SCHEDULE 13G/A: BlackRock Amends Stake in Universal Corp, Disclosing 15% Beneficial Ownership

BlackRock, Inc. has filed an amended Schedule 13G, revealing a 15.0% beneficial ownership stake in Universal Corp /VA/ as of March 31, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 3,705,879 shares of Universal Corp /VA/ common stock.
• This represents 15.0% of the total outstanding common stock of Universal Corp /VA/.
• BlackRock holds sole voting power over 3,662,729 shares and sole dispositive power over 3,705,879 shares.
• No shared voting or dispositive power was reported.
• The filing is an Amendment No. 2 to a previous Schedule 13G.
• 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.
• iShares Core S&P Small-Cap ETF, a subsidiary of BlackRock, Inc., is identified as having an interest of more than five percent of the total outstanding common stock.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing (Schedule 13G) disclosing beneficial ownership. It contains no subjective language, performance metrics, or strategic updates that would indicate a positive or negative sentiment regarding the issuer's operations or prospects.

Future Outlook

NA

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 reflects a standard disclosure by a major institutional investor, BlackRock, regarding its passive ownership stake in a publicly traded company, Universal Corp. It does not provide insights into Universal Corp's specific industry trends but rather BlackRock's portfolio allocation.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, confirming BlackRock's continued substantial ownership in Universal Corp.

Key Dates

Keywords

BlackRock, Universal Corp, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management, Passive Investment