Bank of America reports 7.2% stake in SunocoCorp
Bank of America Corporation has filed a Schedule 13G reporting beneficial ownership of 3,706,416 common units of SunocoCorp LLC, representing 7.2% of this class.
Rhea-AI Filing Summary
Bank of America Corporation has filed a Schedule 13G reporting beneficial ownership of 3,706,416 common units of SunocoCorp LLC, representing 7.2% of this class. All 3,706,416 units are reported with shared voting and shared dispositive power and no sole power.
The percentage is based on 51,517,198 outstanding units reported by SunocoCorp in a prior Form 8-K/A. Bank of America states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of SunocoCorp.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of SunocoCorp LLC (SUNC) does Bank of America own?
How many SunocoCorp LLC (SUNC) units does Bank of America report owning?
Does Bank of America seek control of SunocoCorp LLC (SUNC) with this stake?
How was Bank of America’s 7.2% ownership in SunocoCorp LLC (SUNC) calculated?
Which Bank of America entities are associated with the SunocoCorp LLC (SUNC) position?
What kind of filing did Bank of America submit for its SunocoCorp LLC (SUNC) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.