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Forex

RBC Boosts Stake in Jabil Inc., Pumps Up Share Value

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada (RBC) has increased its stake in Jabil Inc. by 3.1% during the first quarter, according to the bank's most recent 13F filing with the Securities & Exchange Commission.

The RBC owned a total of 159,761 shares of JBL's stock after purchasing an additional 4,747 shares during the period, making it the company's largest shareholder with 0.15% ownership and a value of $42,436,000.

Jabil Inc., a technology company that provides electronic manufacturing services and diversified products across various industries, reported $3.16 earnings per share for the quarter, exceeding analyst estimates by $0.06.

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