Pzena Investment Management LLC reported ownership of 5,551,055 Globant S.A. common shares, representing 12.9% of the company. The position matters to investors because Pzena said the securities were held in the ordinary course for clients, without an intention to change or influence Globant’s control.
Key Highlights
- The ownership report was dated Aug. 31, 2026, and signed by Pzena on Sep. 2, 2026.
- Pzena Investment Management reported a position in Globant common stock held for its clients.
- Pzena stated that the Globant shares were held in the ordinary course of business.
The investment manager said the position was acquired and held in the ordinary course of Business rather than to change or influence Globant (NYSE: GLOB)’s control.
Voting Power and Ownership Report
The ownership report carries an Aug. 31, 2026 date and was signed by Pzena on Sep. 2, 2026. The report identifies Pzena Investment Management LLC as the investment manager associated with the position. Globant’s securities are identified as common stock.
Client Rights Define Passive Position
Pzena said its clients have the right to receive dividends from the securities or proceeds from their sale. The clients also hold the ultimate power to direct receipt of those amounts. Pzena certified that the securities were not acquired or held to change or influence Globant’s control and were not connected with a transaction intended to achieve that effect, aside from activities solely related to a nomination under the cited rule.
FAQs
Q: What stake did Pzena Investment Management report in Globant?
A: Pzena Investment Management reported a position in Globant common stock held for its clients. It said the position was acquired and held in the ordinary course of business.
Q: Is Pzena’s Globant position intended to influence company control?
A: Pzena stated that the Globant shares were held in the ordinary course of business. It certified that the position was not intended to change or influence control.
Q: Who receives dividends or sale proceeds from the Globant shares?
A: Pzena’s clients have the right to receive dividends from the Globant securities or proceeds from their sale. They hold the ultimate power to direct receipt of those amounts.
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