BlackRock, Inc. Increases Stake in Open Text Corporation to 8.2%

BlackRock, Inc. has filed a Schedule 13G/A with the SEC, dated April 24, 2026, disclosing an increased ownership stake in Open Text Corporation (OTEX). As of the event date on March 31, 2026, BlackRock reported beneficial ownership of 20,666,069 shares of common stock, representing an 8.2% interest in the company. This filing marks an amendment to a previous report, indicating a significant increase from a zero-base position reported in prior snapshots. The filing specifies that BlackRock holds sole voting power over 19,828,650 shares and sole dispositive power over the full 20,666,069 shares. The acquisition was conducted in the ordinary course of business, with no intent to influence or change the control of the issuer. Various subsidiaries under the BlackRock umbrella are involved in the holding, though no single individual's interest exceeds 5% of the total outstanding shares. This passive investment highlights BlackRock's substantial position in the Waterloo-based information management software company.