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China investment corporation subsidiary sells some shares in Teck Resources
Reuters

This article was published more than 6 months ago. Some information may no longer be current.

China investment corporation (CIC) said on Tuesday its wholly-owned subsidiary, Fullbloom Investment Corporation, sold some of its shares in Teck Resources Ltd TECK-B-T.

The company sold 3,000 Class B subordinate voting shares for gross proceeds of nearly $169,000 at about $56.30 apiece, CIC said.

CIC said the transaction was undertaken to adjust its portfolio.

Fullbloom now holds 50.8 million of Class B shares of Teck, or about 9.895 per cent of the issued and outstanding Class B Shares.

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Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 03/05/24 2:39pm EDT.

SymbolName% changeLast
TECK-B-T
Teck Resources Ltd Cl B
+1.74%67.43
TECK-A-T
Teck Resources Ltd Cl A
+1.06%67.5

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