Comerica Bank Reduces Stake in La-Z-Boy by 22.7%

26 April, 2023

Comerica Bank has announced a 22.7% reduction in its stake in shares of La-Z-Boy Incorporated (NYSE:LZB). The holding was cut to 26,113 shares from the initial purchase of 33,783. The move was made during the fourth quarter of the company, which ended on December 31st, 2020, and was detailed in its latest filing with the Securities & Exchange Commission (SEC). According to the same document, Comerica Bank owned approximately 0.06% of La-Z-Boy worth $695,000 as of its most recent SEC filing.

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