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Barclays PLC Raises Stock Position in Regions Financial Corporation $RF
Barclays PLC increased its stake in Regions Financial Corporation by 12.4% in the third quarter, now owning 0.71% of the bank’s stock worth $164.9 million. Other institutional investors also adjusted their positions, and 79.39% of the stock is held by hedge funds and institutions. Regions Financial recently announced a share buyback program and a quarterly dividend of $0.265 per share.