BlackRock, Inc. Reduces Stake in Steelcase Inc.
BlackRock, Inc. has filed a Schedule 13G/A amendment with the SEC, disclosing a reduction in its ownership stake in Steelcase Inc. As of September 30, 2025, BlackRock owns 6,858,335 shares of Steelcase's Class A Stock, representing a 6.0% ownership stake. This marks a decrease of 2,914,618 shares (29.82%) from its previous holdings. The filing indicates that BlackRock has sole voting power over 6,647,836 shares and sole dispositive power over all 6,858,335 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of these shares, but no single person's interest exceeds 5% of the total outstanding shares. BlackRock certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing the control of Steelcase Inc.