BlackRock Amends OLIN Corp Stake, Files SC 13G/A on Jan 24
Ticker: OLN · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 74303
| Field | Detail |
|---|---|
| Company | Olin CORP (OLN) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, SC-13G/A
TL;DR
**BlackRock updated its OLIN Corp stake, filed an SC 13G/A on Jan 24.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating a change in its ownership of OLIN Corp's Common Stock as of December 31, 2023. This filing, Amendment No. 18, updates their previous disclosures regarding their stake in the chemical and allied products company. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding OLIN Corp, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership position in OLIN Corp, which can be a signal to the market about institutional sentiment towards the company.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, indicating a change in ownership rather than a significant new event.
Analyst Insight
Investors should note BlackRock's updated position in OLIN Corp and consider if this aligns with their own investment thesis, though the filing itself doesn't provide specific reasons for the change in ownership.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- OLIN Corp (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 18 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 18, as stated in the filing.
Who is the reporting entity in this filing?
The reporting entity is BlackRock Inc., as indicated in the 'FILED BY' section of the filing.
What is the subject company of this filing?
The subject company is OLIN Corp, identified in the 'SUBJECT COMPANY' section and on the Schedule 13G cover page.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the Schedule 13G cover page.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the checked box on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding OLIN Corp (OLN).