Bank of America reports 7.8% stake in Group 1
Bank of America Corporation has filed an amended Schedule 13G reporting beneficial ownership of 939,280 shares of Group 1 Automotive, Inc. common stock, representing 7.8% of the outstanding shares as of December 31, 2025.
Rhea-AI Filing Summary
Bank of America Corporation has filed an amended Schedule 13G reporting beneficial ownership of 939,280 shares of Group 1 Automotive, Inc. common stock, representing 7.8% of the outstanding shares as of December 31, 2025.
The filing shows Bank of America has shared voting power over 891,937 shares and shared dispositive power over 931,522 shares, with no sole voting or dispositive power. The securities are reported as being held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
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FAQ
Does Bank of America seek control of Group 1 Automotive (GPI) with this stake?
What type of filing did Bank of America submit for its GPI ownership?
Which Bank of America entities are associated with the Group 1 Automotive (GPI) holdings?
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