Wealth and Asset Management
Cantonal banks sell significant stakes in GLKB
A group of cantonal banks have sold around 1.5 million registered shares of Glarner Kantonalbank (GLKB) to institutional investors. Consequently, the shares held by the group of cantonal banks has been reduced from 14.81% to 3.7%, significantly increasing the free float. The shares had been created during the conversion of…
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