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Wedge Capital Management L L P NC Reduces Holdings in Packaging Corporation of America $PKG
Wedge Capital Management L L P NC has reduced its stake in Packaging Corporation of America (PKG) by 16.6%, selling 5,832 shares and now holding 29,302 shares valued at $6.043 million. This comes as company President Thomas A. Hassfurther also sold a significant number of shares, decreasing his ownership by 5.8%. The company recently declared a quarterly dividend of $1.25 per share.