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PayPal | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-The Vanguard Group(8.35%)

SEC announcement ·  Feb 14 06:30
Summary by Futu AI
The Vanguard Group has filed an amended Schedule 13G/A with the Securities and Exchange Commission on February 13, 2024, indicating a change in their holdings of PayPal Holdings Inc. As of December 29, 2023, The Vanguard Group reported a beneficial ownership of 90,024,391 shares of PayPal's common stock, which represents 8.35% of the class. The filing, which is an update to previous disclosures, shows that The Vanguard Group has shared voting power over 1,444,322 shares and sole dispositive power over 85,361,825 shares, with an additional shared dispositive power over 4,662,566 shares. The Vanguard Group, based in Pennsylvania, is an investment adviser and reports that the securities were acquired in the ordinary course of business, not with the purpose of changing or influencing the control of PayPal.
The Vanguard Group has filed an amended Schedule 13G/A with the Securities and Exchange Commission on February 13, 2024, indicating a change in their holdings of PayPal Holdings Inc. As of December 29, 2023, The Vanguard Group reported a beneficial ownership of 90,024,391 shares of PayPal's common stock, which represents 8.35% of the class. The filing, which is an update to previous disclosures, shows that The Vanguard Group has shared voting power over 1,444,322 shares and sole dispositive power over 85,361,825 shares, with an additional shared dispositive power over 4,662,566 shares. The Vanguard Group, based in Pennsylvania, is an investment adviser and reports that the securities were acquired in the ordinary course of business, not with the purpose of changing or influencing the control of PayPal.
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