Daiichi Life Insurance Takes $21.53M Stake in IBM
Daiichi Life Insurance Co. Ltd., a Japanese life insurance company, has taken a significant stake in IBM (NYSE:IBM), investing $21.53 million in the technology giant's shares.
This purchase was made during the second quarter of this year, according to a recent Form 13F filing with the Securities & Exchange Commission.
Daiichi Life Insurance Co. Ltd. bought approximately 76,573 shares of IBM's stock, valued at $21.53 million.