AIA Group Ltd Acquires 22,934 Shares of Truist Financial Corporation $TFC

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AIA Group Ltd increased its stake in Truist Financial Corporation by 60.5% in the third quarter, purchasing an additional 22,934 shares. Several other institutional investors also adjusted their holdings in the company, which reported mixed Q3 earnings, missing EPS estimates but showing a revenue increase year-over-year. Truist Financial also announced a $10 billion share repurchase plan and a quarterly dividend of $0.52 per share.

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