Brandes Investment Partners Expands Stake in Samsonite with Fresh Share Purchase

Stock News

Aug 28

Hong Kong Stock Exchange filings reveal that on August 24, Brandes Investment Partners, L.P. acquired an additional 1.2975 million shares of SAMSONITE (01910) at an average price of HKD 12.495 per share, totaling approximately HKD 16.21 million.

Following this transaction, the investment firm's latest holding stands at 68.4151 million shares, representing a 5.02% stake in the luggage maker.

The move signals a continued vote of confidence from Brandes as it boosts its position in the company, reflecting a strategic bet on the brand's recovery and growth prospects.

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20:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hong Kong Stock Exchange filings reveal that on August 24, <b>Brandes Investment Partners, L.P.</b> acquired an additional 1.2975 million shares of <b>SAMSONITE</b> (01910) at an average price of HKD 12.495 per share, totaling approximately HKD 16.21 million.<br><br>Following this transaction, the investment firm's latest holding stands at 68.4151 million shares, representing a 5.02% stake in the luggage maker.<br><br>The move signals a continued vote of confidence from Brandes as it boosts its position in the company, reflecting a strategic bet on the brand's recovery and growth 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