BDL Capital Management Reports 0% Stake in Dole plc
Ticker: DOLE · Form: SC 13G · Filed: Jan 8, 2024 · CIK: 1857475
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, no-change
TL;DR
**BDL Capital Management has no significant stake in Dole plc.**
AI Summary
BDL Capital Management, a Paris-based investment firm, filed an SC 13G on January 8, 2024, indicating they beneficially own 0% of Dole plc's Ordinary Shares. This filing, triggered by an event on June 14, 2022, shows that BDL Capital Management does not hold a significant stake in Dole plc. For investors, this means there's no new major institutional investor taking a large position, which could otherwise signal confidence or potential activism.
Why It Matters
This filing confirms that BDL Capital Management does not hold a significant ownership stake in Dole plc, meaning there's no new institutional investor influence to consider for current or prospective shareholders.
Risk Assessment
Risk Level: low — This filing indicates no material change in ownership, posing minimal risk or opportunity for investors.
Analyst Insight
Investors should note that this filing indicates no new significant institutional ownership in Dole plc, meaning no immediate change in shareholder dynamics or potential activist pressure from this entity. It's a non-event in terms of ownership shifts.
Key Numbers
- 0% — Percent of class beneficially owned (BDL Capital Management's ownership stake in Dole plc)
- 0 — Aggregate Amount Beneficially Owned (Total shares beneficially owned by BDL Capital Management)
- June 14, 2022 — Date of Event (The date that triggered the requirement for this filing)
- January 8, 2024 — Filing Date (The date this SC 13G was filed with the SEC)
Key Players & Entities
- BDL Capital Management (company) — the reporting person filing the SC 13G
- Dole plc (company) — the subject company whose shares are being reported
- Paris, France (person) — place of organization for BDL Capital Management
- $0.01 (dollar_amount) — par value per Ordinary Share of Dole plc
Forward-Looking Statements
- BDL Capital Management will not exert significant influence over Dole plc's corporate decisions. (BDL Capital Management) — high confidence, target: Ongoing
FAQ
Who filed this SC 13G statement?
BDL Capital Management, an organization based in Paris, France, filed this SC 13G statement.
What company's shares are the subject of this filing?
The subject company for this filing is Dole plc, whose Ordinary Shares have a par value of $0.01 per share.
What percentage of Dole plc's shares does BDL Capital Management beneficially own, according to this filing?
According to this filing, BDL Capital Management beneficially owns 0% of Dole plc's Ordinary Shares.
What was the 'Date of Event' that required this filing?
The 'Date of Event which Requires Filing of this Statement' was June 14, 2022.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 8, 2024 by Paris, France regarding Dole plc (DOLE).