Published on 20 Aug 2024 on GuruFocus.com · via Yahoo Finance
John Rogers's Strategic Acquisition of Manchester United PLC Shares
Overview of the Recent Transaction
On July 31, 2024, Ariel Investment, LLC, under the leadership of John Rogers (Trades, Portfolio), made a significant addition to its portfolio by acquiring 2,993,352 shares of Manchester United PLC (NYSE:MANU). This transaction increased the firm's total holdings in the company to 8,300,085 shares, marking a substantial impact of 0.5% on its portfolio. The shares were purchased at a price of $17.16 each, reflecting a strategic move by the firm to bolster its position in the sports and media sector.
Insight into John Rogers (Trades, Portfolio) and Ariel Investment, LLC