Thermo Fisher Scientific Inc. $TMO Stake Reduced by Andra AP fonden

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Andra AP fonden significantly reduced its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by 75.2% in the third quarter, selling 20,600 shares. Despite this, other institutional investors increased their holdings, and institutions collectively own 89.23% of the company’s stock. Thermo Fisher Scientific recently reported strong quarterly earnings, announced a $5.00 billion share repurchase plan, and increased its quarterly dividend.

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