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BlackRock Discloses 29.4M Shares, 11.6% Stake and Voting Power in Gates Industrial

BlackRock logoBlackRock
Sig1.65Sen-0.15Env0.00Soc0.00Gov-1.20
Gates Industrial Corp logoGates Industrial Corp
Sig1.20Sen+0.20Env0.00Soc0.00Gov+0.40

BlackRock, Inc. disclosed in a Schedule 13G that it beneficially owns 29,417,072 shares of Gates Industrial common stock, representing 11.6% of the class. The filing reports sole voting power of 28,907,184 shares and sole dispositive power of 29,417,072 shares, with no shared voting or dispositive power, highlighting BlackRock’s control influence over investor decisions.

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