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Legal & General Group Plc Reduces ResMed Inc. Stake
Legal & General Group Plc reduced its stake in ResMed Inc. by 1.4% during the third quarter, selling 13,257 shares. The institutional investor now owns 958,210 shares of ResMed, valued at approximately $262.3 million. This reduction suggests a potential shift in market sentiment or portfolio rebalancing for the medical equipment provider.