Shell: The Capital Group raises stake to over 5%
(CercleFinance.com) - US fund manager The Capital Group has raised its stake in Royal Dutch Shell to slightly over 5% after buying shares, according to a filing on Monday.
The filing said that The Capital Group's stake has risen from 4.9875% to 5.0017%, above the 5% threshold which obliges shareholders to disclose their holdings.
The Capital Group holds about 7.87 million Shell voting rights.
No other details were available.
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