Jbs S.A. (JBSAY) has released an update.
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Capital Research Global Investors (CRGI) has increased its ownership in JBS S.A., now holding 5.07% of the company’s common shares, up from 4.99%. This move is characterized as a minority investment that will not affect JBS’s control or management structure. CRGI also stated that they do not have a target number of shares nor hold any other JBS securities or derivatives.
For further insights into JBSAY stock, check out TipRanks’ Stock Analysis page.