UPS’ Largest Shareholders Increases Holdings

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apital Research & Management Co., UPS Inc.’s biggest shareholder, on Monday boosted its stake in the parcel delivery giant to 66.9 million shares, Bloomberg reported.

The company had previously held 38.8 million shares, Bloomberg said.

Capital Research runs American Funds, the third largest U.S. mutual fund, Bloomberg reported.



UPS is ranked No. 1 on the Transport Topics 100 list of U.S. and Canadian for-hire carriers.