Cannell & Spears LLC Acquires 784,821 Shares of Amcor PLC $AMCR

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Cannell & Spears LLC increased its stake in Amcor PLC by 38.1% during the third quarter, purchasing an additional 784,821 shares and bringing its total holdings to 2,846,113 shares valued at $23,281,000. Other institutional investors like State Street Corp and Vanguard Group Inc. also significantly boosted their positions in the company. Amcor PLC reported stronger-than-expected quarterly earnings and declared a quarterly dividend of $0.65 per share, resulting in a 6.4% dividend yield.

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