SEC Form SC 13G/A filed by DXC Technology Company (Amendment)

1/23/24 11:52:27 AM ET

EDP Services

Technology

Get the next $DXC alert in real time by email

SC 13G/A 1 us23355l1061_012324.txt us23355l1061_012324.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 7) DXC Technology Co -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 23355L106 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (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 ("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. 23355L106 (1)Names of reporting persons. BlackRock, Inc. (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 Number of shares beneficially owned by each reporting person with: (5) Sole voting power 26165749 (6) Shared voting power 0 (7) Sole dispositive power 27044360 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 27044360 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 14.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- DXC Technology Co Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 20408 BASHAN DRIVE, SUITE 231 ASHBURN VA 20147 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: ----------------------------------------------------------------------- BlackRock, Inc. 50 Hudson Yards New York, NY 10001 2(c) Citizenship: -------------------------------------------------------------------- See Item 4 of Cover Page 2(d) Title of class of securities: ------------------------------------------------------------------- Common Stock 2(e) CUSIP No.: See Cover Page Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: [ ] Broker or dealer registered under Section 15 of the Act; [ ] Bank as defined in Section 3(a)(6) of the Act; [ ] Insurance company as defined in Section 3(a)(19) of the Act; [ ] Investment company registered under Section 8 of the Investment Company Act of 1940; [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); [X] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); [ ] 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; [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: 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. Amount beneficially owned: 27044360 Percent of class 14.0% Number of shares as to which such person has: Sole power to vote or to direct the vote 26165749 Shared power to vote or to direct the vote 0 Sole power to dispose or to direct the disposition of 27044360 Shared power to dispose or to direct the disposition of 0 Item 5. Ownership of 5 Percent or Less of a 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 5 percent of the class of securities, check the following [ ]. Item 6. Ownership of More than 5 Percent on Behalf of Another Person If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The interest of 1 such person, iShares Core S&P Small-Cap ETF, in the common stock of DXC Technology Co is more than five percent of the total outstanding common stock. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. See Exhibit A Item 8. Identification and Classification of Members of the Group If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group. Item 9. Notice of Dissolution of Group Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Item 10. Certifications 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. Dated: January 23, 2024 BlackRock, Inc. Signature: Spencer Fleming ------------------------------------------- Name/Title Attorney-In-Fact The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). Exhibit A Subsidiary BlackRock Life Limited BlackRock Advisors, LLC Aperio Group, LLC BlackRock (Netherlands) B.V. BlackRock Fund Advisors* BlackRock Institutional Trust Company, National Association BlackRock Asset Management Ireland Limited BlackRock Financial Management, Inc. BlackRock Asset Management Schweiz AG BlackRock Investment Management, LLC BlackRock Investment Management (UK) Limited BlackRock Asset Management Canada Limited BlackRock (Luxembourg) S.A. BlackRock Investment Management (Australia) Limited BlackRock Advisors (UK) Limited BlackRock Fund Managers Ltd *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Exhibit B POWER OF ATTORNEY The undersigned, BlackRock, Inc., a corporation duly organized under the laws of the State of Delaware, United States (the "Company"), does hereby make, constitute and appoint each of Eric Andruczyk, Richard Cundiff, R. Andrew Dickson, III, Spencer Fleming, Daniel Goldmintz, Laura Hildner, Elizabeth Kogut, David Maryles, Christopher Meade, Una Neary, Charles Park, Daniel Riemer, David Rothenberg and Brenda Schulz, acting severally, as its true and lawful attorneys-in-fact, for the purpose of, from time to time, executing, in its name and on its behalf and on behalf of its direct and indirect subsidiaries, any and all documents, certificates, instruments, statements, filings, agreements and amendments (collectively, "documents") determined by such person to be necessary or appropriate to comply with ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including, without limitation, Schedules 13D and 13G and Forms 3, 4, 5, 13F and 13H and any amendments to any of the foregoing as may be required to be filed with the Securities and Exchange Commission, and delivering, furnishing or filing any such documents with the appropriate governmental or regulatory authority or other person, and giving and granting to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully and to all intents and purposes as the Company and/or its direct and indirect subsidiaries, as applicable, might or could do if personally present by one of its authorized signatories, hereby ratifying and confirming all that said attorney-in-fact shall lawfully do or cause to be done by virtue hereof. Any such determination by an attorney-in-fact named herein shall be conclusively evidenced by such person's execution, delivery, furnishing or filing of the applicable document. This power of attorney shall expressly revoke the power of attorney dated 2nd day of January, 2019 in respect of the subject matter hereof, shall be valid from the date hereof and shall remain in full force and effect until either revoked in writing by the Company, or, in respect of any attorney-in-fact named herein, until such person ceases to be an employee of the Company or one of its affiliates. IN WITNESS WHEREOF, the undersigned has caused this power of attorney to be executed as of this 30th day of April, 2023. BlackRock, Inc. By: /s/ R. Andrew Dickson, III Name: R. Andrew Dickson, III Title: Corporate Secretary

Get the next $DXC alert in real time by email

Date	Price Target	Rating	Analyst
3/19/2024	$22.00	Neutral	Guggenheim
1/24/2024	$27.00 → $24.00	Neutral → Underweight	JP Morgan
1/17/2024	$24.00 → $21.00	Neutral → Sell	Citigroup
10/17/2023	$22.00	Peer Perform → Underperform	Wolfe Research
8/3/2023	$34.00 → $25.00	Outperform → Market Perform	TD Cowen
8/3/2023	$32.00 → $25.00	Buy → Neutral	Citigroup
8/3/2023	$35.00 → $23.00	Buy → Hold	Deutsche Bank
8/3/2023	$34.00 → $29.00	Outperform → Sector Perform	RBC Capital Mkts

SEC Form SC 13G/A filed by DXC Technology Company (Amendment)

Chat with this insight

Recent Analyst Ratings for $DXC

$DXC Press Releases

Fastest customizable press release news feed in the world

DXC Technology and ServiceNow Extend Strategic Partnership to Fast-track Generative AI Value for Businesses

DXC Technology Ranked Top Life & Annuity Insurance Technology Provider by Everest Group

DXC Technology to Present at J.P. Morgan 2024 Ultimate Services Conference

$DXC Analyst Ratings

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

Guggenheim initiated coverage on DXC Technology with a new price target

DXC Technology downgraded by JP Morgan with a new price target

DXC Technology downgraded by Citigroup with a new price target

$DXC Leadership Updates

Live Leadership Updates

DXC Technology Bolsters Leadership with Kaveri Camire as Chief Marketing Officer

DXC Technology Appoints Raul Fernandez as Interim President and CEO

DXC Technology Adds Industry Veteran Andrew Wilson to Senior Leadership Team

$DXC SEC Filings

$DXC Financials

Live finance-specific insights

$DXC Insider Trading

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

$DXC Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form 144 filed by DXC Technology Company

SEC Form 10-Q filed by DXC Technology Company

DXC Technology Company filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

DXC Technology Reports Second Quarter Fiscal Year 2025 Results

DXC Technology to Report Fiscal 2025 Second Quarter Results on Thursday, November 7, 2024

DXC Technology Reports First Quarter Fiscal Year 2025 Results

EVP, Chief People Officer Finch Mary E sold $295,066 worth of shares (12,885 units at $22.90), decreasing direct ownership by 4% to 312,780 units (SEC Form 4)

Managing Director, GIS Drumgoole Christopher sold $519,350 worth of shares (23,500 units at $22.10), decreasing direct ownership by 7% to 323,352 units (SEC Form 4)

MD, Consulting & Engineering Boville Howard covered exercise/tax liability with 22,293 shares, decreasing direct ownership by 7% to 279,710 units (SEC Form 4)

Amendment: SEC Form SC 13G/A filed by DXC Technology Company

SEC Form SC 13G filed by DXC Technology Company

SEC Form SC 13G filed by DXC Technology Company

$DXC Market Insights

Live Market Insights

This IT Stock Represents An 'Interesting Investment Opportunity'

DXC And ECARX Forge Path For Next-Gen Automotive Solutions: Details

ECARX and DXC Luxoft Partner to Enhance In-Vehicle Technology for Better User Experience

Recent Analyst Ratings for
$DXC

$DXC
Press Releases

$DXC
Analyst Ratings

$DXC
Leadership Updates

$DXC
SEC Filings

$DXC
Financials

$DXC
Insider Trading

$DXC
Large Ownership Changes

$DXC
Market Insights