BlackRock Reports 10% Stake in Tenet Healthcare Corporation (THC) Following Share Decrease

BlackRock, Inc. filed a Schedule 13G/A (Amendment No. 4) on September 4, 2026, reporting a 10.0% ownership stake in Tenet Healthcare Corporation (THC). As of the event date of August 31, 2026, BlackRock beneficially owns 8,083,830 shares of common stock. This represents a decrease in share count from the previously reported 8,743,005 shares, although the market value of the position increased to approximately $2.13 billion due to share price appreciation. Of the total shares held, BlackRock reported sole voting power over 7,837,557 shares and sole dispositive power over the full 8,083,830 shares. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Various subsidiary entities under the BlackRock umbrella, including BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A., are listed as beneficial owners. No single person’s interest in the common stock exceeds 5% of the total outstanding shares beyond the reporting entity's aggregate holdings.