Category: Markets
Published: 2026-07-02T10:04:21.000Z
Smithbridge Asset Management Inc. DE significantly reduced its stake in Salesforce Inc. (NYSE:CRM) by 54.1% during the first quarter, selling over 10,000 shares. Despite this reduction, institutional investors collectively own a substantial 80.43% of Salesforce stock. The company has recently announced a quarterly dividend of $0.44 per share and initiated a $25 billion share buyback program, signaling confidence from its board.
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