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ON Semiconductor | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-The Vanguard Group(11.69%)

SEC announcement ·  Feb 14 11:41
Summary by Futu AI
ON Semiconductor Corp has been the subject of a recent Schedule 13G/A filing with the Securities and Exchange Commission (SEC), dated December 29, 2023. The filing was made by The Vanguard Group, indicating a significant investment in the company's common stock. According to the document, The Vanguard Group now holds an aggregate amount of 50,341,366 shares in ON Semiconductor, which represents 11.69% of the company's class of common stock. This position includes shared voting power over 534,179 shares and sole dispositive power over 48,519,672 shares, with an additional shared dispositive power over 1,821,694 shares. The filing, made under Rule 13d-1(b), suggests that the shares were acquired in the ordinary course of business and not with the intent of changing or influencing the control of ON Semiconductor. The Vanguard Group, based in Pennsylvania, is a well-known investment advisor and the filing was certified by Ashley Grim, Head of Global Fund Administration, on February 13, 2024.
ON Semiconductor Corp has been the subject of a recent Schedule 13G/A filing with the Securities and Exchange Commission (SEC), dated December 29, 2023. The filing was made by The Vanguard Group, indicating a significant investment in the company's common stock. According to the document, The Vanguard Group now holds an aggregate amount of 50,341,366 shares in ON Semiconductor, which represents 11.69% of the company's class of common stock. This position includes shared voting power over 534,179 shares and sole dispositive power over 48,519,672 shares, with an additional shared dispositive power over 1,821,694 shares. The filing, made under Rule 13d-1(b), suggests that the shares were acquired in the ordinary course of business and not with the intent of changing or influencing the control of ON Semiconductor. The Vanguard Group, based in Pennsylvania, is a well-known investment advisor and the filing was certified by Ashley Grim, Head of Global Fund Administration, on February 13, 2024.
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