On September 30, 2024, the investment firm managed by Chuck Royce executed a transaction involving shares of Ennis Inc. Following this transaction, the firm retained a total of 1,479,599 shares of Ennis Inc. common stock.
This holding now represents a 0.34% position within the firm's overall portfolio. The transaction also reflects a 5.69% ownership stake in Ennis Inc., highlighting the firm's continued significant investment in the industrial products sector company.
The retention of such a substantial number of shares by a well-known investment firm underscores a continued belief in Ennis Inc.'s value proposition. This move by a major institutional investor can be interpreted as a vote of confidence in the company's strategic direction and financial stability.
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