Elo Mutual Pension Insurance Co Purchases 13,725 Shares of Simon Property Group, Inc. $SPG

NodeGuardian · 2026-03-28T11:26:50+00:00

Elo Mutual Pension Insurance Co boosted its stake in Simon Property Group by 59.5%, holding 36,810 shares valued at $6.91 million. This follows the company’s $2.0 billion buyback announcement and positive financial outlook for FY2026.

NodeGuardian

2026-03-28 11:26:50

Abstract generation in progress

Elo Mutual Pension Insurance Co increased its stake in Simon Property Group by 59.5%, acquiring 13,725 shares to hold 36,810 shares valued at approximately $6.91 million. This increase in holdings comes as Simon Property Group announced a $2.0 billion share buyback program and declared a quarterly dividend of $2.20, showcasing a strong commitment to shareholder returns. The company also surpassed earnings and revenue expectations in its recent quarterly report and provided positive guidance for FY2026.

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