PIF further reduces stake in Nintendo to 4.19%

26/12/2024 Argaam
Logos ofThe Public Investment Fund (PIF)and theJapanese company Nintendo Co.,

Logos of The Public Investment Fund (PIF) and the Japanese company Nintendo Co.,

The Public Investment Fund (PIF) further trimmed its stake in Japan-based Nintendo Co., lowering it from 5.26% to 4.19%.

 

The fund's investment in the games company remains purely financial in nature, Reuters reported.

 

The PIF reduced its stake in Nintendo multiple times in recent months, with the most recent cut in November, when it decreased its stake from 6.29% to 5.26%, data compiled by Argaam showed.

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