Vanguard Capital Management LLC Acquires 7.31% Stake in PPL Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a significant new ownership stake in PPL Corp (PPL). As of the event date of March 31, 2026, the firm beneficially owns 54,981,572 shares of common stock, representing a 7.31% ownership interest in the company. The filing indicates that Vanguard Capital Management exercises sole dispositive power over all 54,981,572 shares, while maintaining sole voting power over 7,782,934 shares. The reporting entity includes various affiliates such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This position was acquired in the ordinary course of business and is not intended to influence or change the control of the issuer. This filing represents a substantial increase from a previous 0% ownership level, establishing Vanguard as a major institutional shareholder in the Allentown-based utility company.