BlackRock Inc. acquired 22.56 million shares of NCR Voyix Corporation. The investment is valued at approximately $184.3 million. This purchase gives the world's largest asset manager a 16.37% ownership stake.
The move follows NCR Voyix’s second-quarter earnings report released on August 5. The company exceeded analyst expectations for both earnings and revenue. It reported adjusted earnings of $0.17 per share. Total revenue reached $523 million for the period.