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KPAY News

Victim Trust Fund Sells PGE Stock

The Fire Victim Trust (FVT) sold 35 million shares in PG&E stock Friday as part of the ongoing effort to provide compensation for victims of the Camp Fire and other fires. PG&E stock closed at $15.25 per share on Friday. The sale follows the sale of the same number of shares in early October when the price was $13.65. As of Friday, the Trust said it had issued determination notices to 86% of all claimants. and paid claimants more than $5.36 billion.