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Paramount Global SEC 8-K Report: Key Insights on Stock Classes and Transparency

$PARA
Form 8-K
Filed on: 2025-03-12
Source
Paramount Global SEC 8-K Report: Key Insights on Stock Classes and Transparency

Based on the provided section of the financial report, here are the key insights extracted:

  1. Entity Information:
  • Company Name: Paramount Global
  • SEC CIK: 0000813828
  • File Type: 8-K
  • CIK Number: 0000813828
  • Address: 1515 Broadway, New York, NY 10036
  • Contact Number: (212) 258-6000
  1. Stock Information:
  • Class A Common Stock:
    • Par Value: $0.001
    • Ticker Symbol: PARAA
    • Exchange: NASDAQ
  • Class B Common Stock:
    • Par Value: $0.001
    • Ticker Symbol: PARA
    • Exchange: NASDAQ
  1. Reporting Period:
  • Date of Report: March 12, 2025
  • The report covers a specific context with a duration from March 12, 2025, to March 12, 2025, indicating it is likely a one-day report or event.
  1. Stock Classes:
  • The report mentions two classes of stock:
    • Common Stock (Class A) and Common Stock (Class B), signifying the company may have different voting rights or other characteristics associated with each class.
  1. XBRL Context:
  • The report utilizes XBRL (eXtensible Business Reporting Language) for structured financial information, which is compliant with U.S. GAAP (Generally Accepted Accounting Principles).

Insights:

  • The company is actively reporting to the SEC, suggesting it is maintaining transparency with investors.
  • The presence of different classes of common stock may indicate a strategic decision regarding control and ownership structure.
  • The report's specific date suggests that it may pertain to a significant event or announcement rather than a traditional quarterly or annual report.

In conclusion, this report provides foundational information about Paramount Global's stock classes and compliance with SEC reporting requirements. Further analysis of financial metrics would be necessary for a comprehensive understanding of the company's financial health.