American Standard shareholder Capital Group cuts stake
American Standard Companies Inc. on Friday said its key shareholder Capital Group International Inc. cut its stake to 3.8 percent from 8.8 percent.
In a filing with the U.S. Securities and Exchange Commission, the bank subsidiary of Capital Group International, Capital Guardian Trust Co., also disclosed a 2.9 percent stake, down from 6.5 percent reported in a previous filing.
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