Published on 18 Oct 2024 on GuruFocus.com · via Yahoo Finance
State Street Corp's Strategic Acquisition of Shares in Tellurian Inc
Overview of the Recent Transaction
State Street Corp recently expanded its investment in Tellurian Inc (TELL), an independent oil and gas company, by acquiring an additional 7,254,477 shares. This transaction, executed on September 30, 2024, at a price of $0.968 per share, significantly increases State Street Corp's total holdings in Tellurian to 22,729,853 shares. This move reflects a strategic positioning by the firm within the energy sector, particularly in natural gas and LNG operations.
Profile of State Street Corp