T. Rowe Price reports 6.5% stake in Commercial Bancgroup
T. Rowe Price Investment Management, Inc. reported beneficial ownership of 793,045 shares of Commercial Bancgroup Inc. common stock, representing 6.5% of the class as of the reporting date.
Rhea-AI Filing Summary
T. Rowe Price Investment Management, Inc. reported beneficial ownership of 793,045 shares of Commercial Bancgroup Inc. common stock, representing 6.5% of the class as of the reporting date. It has sole voting power over 785,667 shares and sole dispositive power over 793,045 shares.
The firm states the shares were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Commercial Bancgroup. It also affirms that this filing should not be construed as an admission of beneficial ownership, which it expressly denies.
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FAQ
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What stake in Commercial Bancgroup Inc. (CBK) does T. Rowe Price report?
Is T. Rowe Price’s 6.5% CBK position intended to influence control?
Why did T. Rowe Price file a Schedule 13G for Commercial Bancgroup (CBK)?
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