On the 31st of December, Letko, Brosseau & Associates sold 3 million Celestica, Inc. (NYSE:CLS) shares for $24 million at an average price of $8.07 per share. Shares of Celestica, Inc. are up 9.54% since the transaction.
Letko, Brosseau & Associates's holding in Celestica, Inc. decreased to about 17 million shares with the transaction.
Letko, Brosseau & Associates first bought Celestica, Inc. stock in the second quarter of 2004.
Other investors who also reduced their Celestica, Inc. shares include Causeway Capital Management, Citigroup (NYSE:C), and Donald Smith & Co. Contrary to Letko, Brosseau & Associates, Millennium Management, Gotham Asset Management, and BT Investment Management introduced CLS shares to their portfolio.