Summary by Moomoo AI
On March 28, 2024, The Vanguard Group filed an amended Schedule 13G/A with the SEC, indicating a change in their holdings of Paramount Global Class B common stock. The filing, which is a routine disclosure for entities owning more than 5% of a company's stock, shows that The Vanguard Group now has a 10.15% ownership stake in Paramount Global Class B, with an aggregate amount of 62,090,467 shares beneficially owned. The Vanguard Group, based in Pennsylvania, has reported shared voting power over 623,334 shares and sole dispositive power over 59,923,838 shares, with an additional shared dispositive power over 2,166,629 shares. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Paramount Global.