Seeking Alpha

Safeway -1.8% AH, Jana Partners cuts stake by 10.7%

  • Shares of Safeway (SWYfall 1.8% AH after Jana Partners discloses it has reduced its stake by 10.7% to 4.1% of shares outstanding. (SC13D/A)
  • Update: The fund writes that it has "reduced the size of its investment ... through regular portfolio management activities" and "is highly supportive of the recent steps taken by [Safeway], in particular ... [Safeway's] commitment to exit the Chicago market, plan to ... focus on its core operations, authorization of a significant share repurchase, and plan to review its corporate structure."
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: