Royal Bank of Canada Boosts Stake in Mplx Lp with Significant Share Purchase
Royal Bank of Canada acquired a significant amount of shares in Mplx Lp (NYSE:MPLX) during the first quarter, increasing its holdings by 45.5% to 1,151,905 shares.
The value of these shares is $65,739,000 and accounts for 0.11% of Mplx's outstanding stock. This acquisition makes Royal Bank of Canada one of the largest institutional investors in Mplx.