AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Vanguard Group Acquires RB Global Shares for $11.1M CAD
ByAinvest
Thursday, Sep 11, 2025 3:10 pm ET1min read
Vanguard Group Inc. has filed an early warning report on RB Global, Inc. after acquiring 128,627 shares for $11.1 million CAD in November 2023. The acquisition increased Vanguard's stake in RB Global to 12.54%. Vanguard acquired the shares for its managed funds for passive investment purposes and may purchase or sell securities of RB Global depending on market conditions. A copy of the early warning report can be obtained on SEDAR+.
Malvern, Pa., Sept. 10, 2025 (GLOBE NEWSWIRE) -- The Vanguard Group, Inc. (VGI) has recently filed an early warning report on SEDAR+ (www.sedarplus.com) regarding its acquisition of 128,627 shares of RB Global, Inc. (the "Issuer"). The early warning report, filed in response to the acquisition, discloses that VGI purchased the shares for a total of $11,098,748 CAD at an average price of $86.55 CAD per share in November 2023 [1].Prior to the acquisition, VGI owned 22,734,051 shares representing approximately 12.49% of the Issuer's shares. Following the purchase, VGI's ownership increased to 22,862,678 shares, which now constitutes approximately 12.54% of the Issuer's outstanding shares [1]. The acquisition represented an aggregate increase in VGI's security holding percentage of 0.10% from the previous report filed on October 10, 2023 [1].
The acquisition was made for passive investment purposes through VGI's managed funds and was completed through the facilities of the New York Stock Exchange and the Toronto Stock Exchange. VGI may, from time to time, purchase or sell securities of the Issuer depending on market conditions and other factors material to its investment decisions [1].
A copy of VGI's early warning report can be obtained on the Issuer's profile on SEDAR+ or by contacting VGI through Shawn Acker at shawn_acker@vanguard.com or (610) 669-6713, 100 Vanguard Blvd., Malvern, Pennsylvania 19355, USA [1].
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet