SEC Form SC 13G/A filed by Acco Brands Corporation (Amendment)

$ACCO
Publishing
Consumer Discretionary
Get the next $ACCO alert in real time by email
SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 7 )*

            

ACCO Brands Corp


(Name of Issuer)

Common Stock


(Title of Class of Securities)

00081T108


(CUSIP Number)

December 30, 2022


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.)


CUSIP No. 00081T108

1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Dimensional Fund Advisors LP
30-0447847
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [ ]
(b) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware Limited Partnership

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER 6,714,873 ** see Note 1 **
6. SHARED VOTING POWER 0
7. SOLE DISPOSITIVE POWER 6,841,421 ** see Note 1 **
8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

6,841,421 ** see Note 1 **
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

7.3%
12. TYPE OF REPORTING PERSON

IA




















Item 1.
(a) Name of Issuer
ACCO Brands Corp
(b) Address of Issuer's Principal Executive Offices
4 Corporate Drive, Lake Zurich, IL 60047
Item 2.
(a) Name of Person Filing
Dimensional Fund Advisors LP
(b) Address of Principal Business Office or, if None, Residence
6300 Bee Cave Road, Building One, Austin, TX 78746
(c) Citizenship
Delaware Limited Partnership
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
00081T108
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
6,841,421 ** see Note 1 **
(b) Percent of Class:
7.3%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 6,714,873 ** see Note 1 **
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 6,841,421 ** see Note 1 **
(iv) shared power to dispose or to direct the disposition of 0
** Note 1 ** Dimensional Fund Advisors LP, an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to four investment companies registered under the Investment Company Act of 1940, and serves as investment manager or sub-adviser to certain other commingled funds, group trusts and separate accounts (such investment companies, trusts and accounts, collectively referred to as the "Funds"). In certain cases, subsidiaries of Dimensional Fund Advisors LP may act as an adviser or sub-adviser to certain Funds. In its role as investment advisor, sub-adviser and/or manager, Dimensional Fund Advisors LP or its subsidiaries (collectively, "Dimensional") may possess voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the beneficial owner of the shares of the Issuer held by the Funds. However, all securities reported in this schedule are owned by the Funds. Dimensional disclaims beneficial ownership of such securities. In addition, the filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Securities Exchange Act of 1934.
Item 5. Ownership of Five Percent or Less of Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
The Funds described in Note 1 above have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the securities held in their respective accounts. To the knowledge of Dimensional, the interest of any one such Fund does not exceed 5% of the class of securities. Dimensional Fund Advisors LP disclaims beneficial ownership of all such securities.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.

Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d).
Item 9. Notice of Dissolution of Group.

Not Applicable
Item 10. Certification.

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dimensional Fund Advisors LP
By: Dimensional Holdings Inc., General Partner
By: /s/ Selwyn Notelovitz
Date: February 14, 2023
Name: Selwyn Notelovitz
Title: Global Chief Compliance Officer

Get the next $ACCO alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$ACCO

DatePrice TargetRatingAnalyst
2/14/2023Buy → Neutral
BWS Financial
More analyst ratings

$ACCO
Press Releases

Fastest customizable press release news feed in the world

See more
  • Swingline® Celebrates 100 Years of Excellence with the Launch of Three Retro & Refreshed Stapler Lines

    Engineered for Productivity, Dependability, and Style, Swingline® Modernizes Its Most Iconic Staplers with Updated, User-Friendly Designs, Bold New Colors, and Smart Solutions for Today's Workspaces Swingline®, the leading brand in workspace tools, celebrating its 100th year anniversary with the release of three exciting stapler models: The CUB™ Compact Metal Stapler, the Vintage Piler Handheld Stapler, and a color refresh of their best-selling 747® Business Premium Desktop Stapler line. Designed to combine cutting-edge functionality with timeless design, these staplers embody the Swingline brand's enduring commitment to innovation and quality. Since 1925, Swingline® has been the cornersto

    $ACCO
    Publishing
    Consumer Discretionary
  • PowerA Teams Up with Bandai Namco to Celebrate the 45th Anniversary of PAC-MAN With New Licensed Gaming Gear

    This partnership will deliver officially licensed PAC-MAN accessories, coming this Spring to Nintendo Switch and Xbox platforms. WOODINVILLE, Wash., March 4, 2025 /PRNewswire/ -- PowerA, a division of ACCO Brands and a global leader in enhancing interactive entertainment with officially licensed gaming accessories, is proud to announce its partnership with Bandai Namco Entertainment America Inc. to celebrate the 45th anniversary of PAC-MAN™, one of the most iconic and enduring gaming franchises of all time. Together, PowerA and Bandai Namco will introduce a series of special-edition gaming accessories for Nintendo Switch and Xbox platforms inspired by the beloved PAC-MAN universe.

    $ACCO
    Publishing
    Consumer Discretionary
  • ACCO Brands Reports Fourth Quarter and Full Year Results and Provides Outlook for 2025

    Full Year 2024 Reported net sales of $1.67 billion; Gross margins expanded 70 basis points Net operating cash flow of $148 million, free cash flow of $132 million Reduced net debt by $94 million with a consolidated leverage ratio of 3.4x at year-end Realized approximately $25 million in cost savings during 2024, with additional savings expected in 2025 Loss per share of $1.06 includes impairment charges; Adjusted EPS of $1.02, reflecting unfavorable foreign exchange trends ACCO Brands Corporation (NYSE:ACCO) today reported financial results for its fourth quarter and twelve months ended December 31, 2024. "Fourth quarter sales and EPS were in line with our outlook, excluding th

    $ACCO
    Publishing
    Consumer Discretionary

$ACCO
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$ACCO
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$ACCO
SEC Filings

See more

$ACCO
Leadership Updates

Live Leadership Updates

See more
  • Kensington Evolves to Reduce Environmental Impact with Launch of EQ Product Family

    EQ-Series Backpacks, Cases, and Input Devices Incorporate Post-Consumer Recycled (PCR) Content to Advance the Company's Sustainability Initiatives Kensington, a worldwide leader of desktop computing and mobility solutions for IT, business, and home office professionals, today announced the availability of the EQ family of backpacks and laptop cases that are manufactured using post-consumer recycled (PCR) materials. Embodying the company's ongoing commitment to reducing its environmental impact, products in the EQ portfolio incorporate an evolution in design, durability, and packaging into its high-performance products and solutions. Backpacks and Cases for Eco-conscious Professionals an

    $ACCO
    Publishing
    Consumer Discretionary
  • ACCO Brands Corporation Announces Appointment of Beth Simermeyer to Board of Directors

    ACCO Brands Corporation (NYSE:ACCO) today announced that Beth Simermeyer has been elected to the Board of Directors, effective December 5, 2023. "We are excited to welcome Beth, a dynamic business leader with a proven track record of success to ACCO Brands' Board of Directors. Beth's extensive marketing expertise, P&L ownership and global leadership mindset, will further enhance our Board and help us execute on our strategic transformation. We look forward to leveraging Beth's insights to continue to further strengthen the company going forward," said Boris Elisman, Executive Chairman of ACCO Brands Corporation. Ms. Simermeyer brings substantial business leadership experience in marketi

    $ACCO
    $ECL
    $PG
    Publishing
    Consumer Discretionary
    Package Goods/Cosmetics
  • ACCO Brands Corporation Announces CEO Transition Plan

    President and Chief Operating Officer Thomas Tedford Appointed Chief Executive Officer Effective October 1, 2023; Boris Elisman to Continue as Executive Chairman Before Retiring in the first half of 2024 ACCO Brands Corporation (NYSE:ACCO) (the "Company" or "ACCO Brands"), one of the world's largest suppliers of select categories of branded academic, consumer and business products, today announced its Board of Directors has appointed the Company's President and Chief Operating Officer, Thomas Tedford, as CEO effective October 1, 2023. Mr. Tedford has also been elected a member of the board effective that date. Mr. Tedford will succeed ACCO Brands current CEO, Boris Elisman, who will conti

    $ACCO
    Publishing
    Consumer Discretionary

$ACCO
Financials

Live finance-specific insights

See more
  • ACCO Brands Reports Fourth Quarter and Full Year Results and Provides Outlook for 2025

    Full Year 2024 Reported net sales of $1.67 billion; Gross margins expanded 70 basis points Net operating cash flow of $148 million, free cash flow of $132 million Reduced net debt by $94 million with a consolidated leverage ratio of 3.4x at year-end Realized approximately $25 million in cost savings during 2024, with additional savings expected in 2025 Loss per share of $1.06 includes impairment charges; Adjusted EPS of $1.02, reflecting unfavorable foreign exchange trends ACCO Brands Corporation (NYSE:ACCO) today reported financial results for its fourth quarter and twelve months ended December 31, 2024. "Fourth quarter sales and EPS were in line with our outlook, excluding th

    $ACCO
    Publishing
    Consumer Discretionary
  • ACCO Brands Corporation Declares Quarterly Dividend

    ACCO Brands Corporation (NYSE:ACCO) today announced that its board of directors has declared a quarterly cash dividend of $0.075 per share. The dividend will be paid on March 26, 2025 to stockholders of record as of the close of business on March 14, 2025. "This is the Company's 29th quarterly cash dividend since it began paying dividends in 2018. The Company's dividend has become an important part of our capital allocation strategy, and we remain committed to supporting our quarterly dividend with our robust free cash flow. At the current stock price, on an annualized basis, our shareholders are receiving an approximate 6% yield on their investment," said Tom Tedford, President, and Chie

    $ACCO
    Publishing
    Consumer Discretionary
  • ACCO Brands Corporation Announces Fourth Quarter and Full Year 2024 Earnings Webcast

    ACCO Brands Corporation (NYSE:ACCO) today announced that it will release its fourth quarter and full year 2024 earnings after the market close on February 20, 2025. The Company will host a conference call and webcast to discuss the results on February 21 at 8:30 a.m. EST. The webcast can be accessed through the Investor Relations section of www.accobrands.com and will be available for replay. About ACCO Brands Corporation ACCO Brands, the Home of Great Brands Built by Great People, designs, manufactures and markets consumer and end-user products that help people work, learn and play. Our widely recognized brands include AT-A-GLANCE®, Five Star®, Kensington®, Leitz®, Mead®, PowerA®, Swin

    $ACCO
    Publishing
    Consumer Discretionary

$ACCO
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more