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Control Empresarial de Capitales sells $10.9m of PBF Energy shares

Created at 4 Jun · 11:18 PM1 source
IN SHORT

Control Empresarial de Capitales sold $10.9 million of PBF Energy shares during the fourth quarter of 2022.

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Key Numbers

$10.9 millionvalue of PBF Energy shares sold
Q4 2022transaction date

Who's Involved

Control Empresarial de Capitales
entity that sold PBF Energy shares
PBF Energy
company whose shares were sold

↳ Why This Matters

This sale by a significant shareholder may indicate a change in investment strategy or a lack of confidence in PBF Energy's future performance, potentially influencing investor sentiment.

Key facts

  • Control Empresarial de Capitales sold $10.9 million of PBF Energy shares.
  • The transaction took place in the fourth quarter of 2022.

Control Empresarial de Capitales has divested its holdings in PBF Energy, selling shares valued at $10.9 million. This transaction was completed during the fourth quarter of 2022. PBF Energy is an integrated downstream energy company that refines and markets light products, including gasoline, and heavy products, such as diesel fuel and jet fuel. The company also produces and sells lubricants and fuels, and operates pipelines and terminals.

Frequently asked questions

Control Empresarial de Capitales sold the shares.

The shares sold were valued at $10.9 million.

The transaction occurred in the fourth quarter of 2022.

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How It Developed

4 Jun · 10:58 PM
Control Empresarial de Capitales sold $10.9 million of PBF Energy shares in Q4 2022.
Investing.com via PiQSuite

Sources

T1
Control empresarial de capitales sells $10.9m of PBF Energy sharesm.piqsuite.com

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