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4,889 Shares in Credicorp Ltd. $BAP Purchased by M&T Bank Corp
M&T Bank Corp has initiated a new position in Credicorp Ltd. (NYSE: BAP) during the fourth quarter, acquiring 4,889 shares valued at approximately $1.403 million. Credicorp, a Peruvian financial services holding company, is heavily institutionally owned, with several major funds recently increasing or initiating significant stakes. The stock currently trades around $317.80 with a market capitalization near $30 billion, and analysts generally rate it a “Moderate Buy.”