Control Empresarial Raises Its PBF Stake to 24.2%

Control Empresarial de Capitales SA is at it again! 

The Mexican investment giant just dropped $9.25 million on more shares of PBF Energy Inc $PBF, pushing its ownership stake to a hefty 24.20%.

What’s noteworthy is that Control Empresarial continues to build its position in PBF despite the stock’s current trend being far from ideal. 

This move highlights Control Empresarial’s strong conviction and a clear long-term focus.

Here’s The Hot Corner, with data from December 6, 2024:

In another Form 4, director Jeffrey C. Campbell, who is also the CFO of American Express, bought 6,000 shares of Marathon Petroleum Corportion $MPC for $149.60, a total purchase of $897,642.