Hong Kong stock exchange filings show that on August 21, Pzena Investment Management trimmed its holdings in Pacific Basin (02343) by 6,552,071 shares at an average price of HK$4.1850 per share, totaling approximately HK$27.42 million.
Following the transaction, the fund's latest share count stands at around 460 million shares, representing a 8.92% ownership stake in the shipping company.
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