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RBC Cuts Stake in Somnigroup International by 25.6%

Guavy AI Editorial Team
Instruments
CAD
Share

Royal Bank of Canada (RBC) has reduced its stake in Somnigroup International Inc. by 25.6% during the first quarter, according to a recent filing with the Securities and Exchange Commission.

The institutional investor sold 209,563 shares, leaving it with approximately 0.29% ownership of Somnigroup worth $45,017,000 at the end of the reporting period.

Other large investors have also made significant changes to their positions in Somnigroup International during the same quarter.

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