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Forex

Royal Bank Cuts Stake in Citizens Financial Group

Guavy AI Editorial Team
Instruments
CAD
Share

Royal Bank of Canada recently reduced its stake in Citizens Financial Group, Inc. by selling 744,489 shares during the first quarter.

This reduction represents a 15.6% decrease in the bank's holding of CFG shares and accounts for approximately $241,977,000 of the company's market value as of the most recent reporting period.

Citizens Financial Group has a market capitalization of $30.19 billion and is currently trading at around $71.39 per share after opening on Thursday at this price.

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