BlackRock Amends DG Stake, Updates 13G/A Filing

TL;DR

**BlackRock just updated its Dollar General stake, watch for market reaction.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on February 12, 2024, indicating its ownership of Common Stock in DOLLAR GENERAL CORPORATION as of December 31, 2023. This amendment, number 9, updates their previous disclosures regarding their stake in the retail-variety store company. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in Dollar General's future performance, potentially influencing other investors.

Why It Matters

This filing shows BlackRock's updated ownership in Dollar General, which can influence market perception and potentially the stock price due to the size and influence of BlackRock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a large institutional investor, not indicating any immediate high-risk event.

Analyst Insight

Investors should note BlackRock's continued involvement as a major shareholder, but this filing alone doesn't provide enough detail to warrant immediate action beyond monitoring future disclosures for changes in their actual ownership percentage.

Key Players & Entities

• BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
• DOLLAR GENERAL CORPORATION (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 12, 2024 (date) — the date the SC 13G/A was filed

Forward-Looking Statements

• BlackRock will maintain a significant stake in Dollar General throughout 2024. (BlackRock Inc.) — high confidence, target: 2024-12-31

FAQ

From the Filing

0001086364-24-006972.txt : 20240212 0001086364-24-006972.hdr.sgml : 20240212 20240212133949 ACCESSION NUMBER: 0001086364-24-006972 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOLLAR GENERAL CORP CENTRAL INDEX KEY: 0000029534 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 610502302 STATE OF INCORPORATION: TN FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40997 FILM NUMBER: 24618949 BUSINESS ADDRESS: STREET 1: 100 MISSION RIDGE CITY: GOODLETTSVILLE STATE: TN ZIP: 37072 BUSINESS PHONE: 6158554000 MAIL ADDRESS: STREET 1: 100 MISSION RIDGE CITY: GOODLETTSVILLE STATE: TN ZIP: 37072 FORMER COMPANY: FORMER CONFORMED NAME: TURNER CAL DATE OF NAME CHANGE: 19710401 FORMER COMPANY: FORMER CONFORMED NAME: TURNER J L & SON INC DATE OF NAME CHANGE: 19710401 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us2566771059_021224.txt us2566771059_021224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9) DOLLAR GENERAL CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 256677105 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 256677105 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 17824788 (6) Shared voting power 0 (7) Sole dispositive power 19372663 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 19372663 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.8% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- DOLLAR GENERAL CORPORATION Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 100 MISSION RIDGE GOODLETTSVILLE TN 37072 Item 2. 2(a) Name of person filing: ----