Forex

Royal Bank of Canada Boosts Stake in Portland General Electric by 97.7%

Guavy AI Editorial Team Published August 9, 2026

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CAD

Royal Bank of Canada has significantly increased its stake in Portland General Electric Company, acquiring an additional 108,585 shares during the first quarter. This move represents a 97.7% increase in the bank's position in the utilities provider.

The institutional investor now owns approximately 219,718 shares of Portland General Electric's stock, valued at $11,593,000. As a result, Royal Bank of Canada holds about 0.19% of Portland General Electric's outstanding shares.

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