The Vanguard Group Reports Significant Stake in Qualcomm

The Vanguard Group, Inc. disclosed its substantial interest in Qualcomm Incorporated under Rule 8.3 of the Takeover Code. As of November 26, 2025, Vanguard held 115,396,113 shares, representing a 10.79% stake in Qualcomm's USD 0.0001 common stock. This positions Vanguard as a key player in Qualcomm's shareholder landscape.

The disclosure report indicated recent trading activities, including the purchase of 23,625 shares and the sale of 6,884 shares at prices around $165 per unit. The document clarified no cash-settled or stock-settled derivatives linked to these securities from Vanguard at the time of disclosure.

No indemnity or agreement influences dealing with Qualcomm securities, and no third-party voting rights arrangements exist. The disclosure, submitted on November 27, 2025, signaled Vanguard's ongoing strategic engagement with Qualcomm.