BlackRock Completes Secondary Offering of Common Stock, Leads to Barclays Exiting

BlackRock, Inc. (the "Company")

today announced that it has completed the secondary offering of 26,211,335 shares of common stock held by Barclays Bank PLC (“Barclays”) at a price of $160.00 per share. The Company also announced the closing of its repurchase of 6,377,552 shares, directly from Barclays at a price of $156.80 per share. The total transactions, including the full exercise of the underwriters' option to purchase additional shares in the secondary offering, included 35,210,021 shares – resulting in Barclays exiting its entire ownership position in BlackRock.