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The Vanguard Group, Inc. Discloses Stake in Qualcomm Incorporated

The Vanguard Group, Inc. has released a disclosure under the UK Takeover Code, revealing its significant interests in Qualcomm Incorporated. As of June 26, 2025, Vanguard holds 115,534,397 common shares, representing a 10.65% stake in Qualcomm. This disclosure follows Rule 8.3, which applies to entities possessing interests of 1% or more in relevant securities during a public takeover scenario.

The document states that no exemptions apply as a fund manager connected with Qualcomm. It further clarifies that Vanguard is not making disclosures for any other party related to a potential offer. Recent dealings include the purchase of 45,935 shares and the sale of 44,292 shares, both at a unit price of 158.19 USD. There are no new agreements, indemnities, or derivative-related arrangements.

R. H.

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