Summary by Futu AI
The Vanguard Group has filed a Schedule 13G with the Securities and Exchange Commission (SEC) on February 13, 2024, indicating a significant ownership stake in SunPower Corp. According to the filing, The Vanguard Group now owns 9,640,768 shares of SunPower's common stock, which represents 5.50% of the company's class of securities. This stake includes shared voting power over 158,015 shares and sole dispositive power over 9,388,885 shares, with an additional shared dispositive power over 251,883 shares. The filing, made under Rule 13d-1(b), signifies that the shares were acquired in the ordinary course of business and not with the intent to change or influence the control of SunPower Corp. The Vanguard Group, based in Pennsylvania, is an investment adviser and reports that the securities were not acquired for any purpose other than investment.