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Forex

RBC Boosts Stake in Keurig Dr Pepper Amid Growing Interest

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada has increased its stake in Keurig Dr Pepper, Inc (NASDAQ: KDP) by 8.6% during the first quarter.

The bank now owns approximately 2,344,606 shares of the company's stock, which is valued at around $61.73 million as of the most recent filing with the Securities and Exchange Commission.

This move reflects Royal Bank of Canada's growing interest in Keurig Dr Pepper, a North American beverage company formed through the combination of Keurig Green Mountain and Dr Pepper Snapple Group in 2018.

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