Rutabaga Capital exits Ampco Pittsburgh (AP) with 0% reported stake
Rhea-AI Filing Summary
Rutabaga Capital Management filed an amended Schedule 13G reporting that it no longer beneficially owns any shares of Ampco Pittsburgh Corp common stock. The filing lists 0 shares beneficially owned, representing 0.0% of the outstanding common stock, with no sole or shared voting or dispositive power. Rutabaga certifies that any securities previously held were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Positive
- None.
Negative
- None.
Insights
Institutional holder reports 0% ownership in Ampco Pittsburgh.
Rutabaga Capital Management, an investment adviser, now reports beneficial ownership of 0 shares, or
The firm also certifies that any holdings were acquired and held in the ordinary course of business and not with the purpose or effect of influencing control. This aligns with passive institutional ownership rather than activist involvement.
The change formally records that this institutional investor is no longer a significant shareholder. Future ownership disclosures from other large holders in company filings may further clarify how the shareholder base is evolving.