--- title: "Bank of America Cuts Indirect Stake in Manas Enerji After Net Share Sale" type: "News" locale: "en" url: "https://longbridge.com/en/news/298744203.md" description: "Bank of America reduced its indirect stake in Manas Enerji from 5.606% to 4.230% following a net sale of 4,553,691 shares by subsidiary Merrill Lynch International on September 10, 2026. The trades occurred within a TRY 34.25–34.75 range. This reduction signals decreased institutional exposure for the Turkish energy management company." datetime: "2026-09-11T14:13:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298744203.md) - [en](https://longbridge.com/en/news/298744203.md) - [zh-HK](https://longbridge.com/zh-HK/news/298744203.md) generator: "portal-rs" --- # Bank of America Cuts Indirect Stake in Manas Enerji After Net Share Sale The latest announcement is out from Manas Enerji Yonetimi Sanayi ve Ticaret A.S. ( (TR:MANAS) ). Bank of America Corporation disclosed that its fully controlled subsidiary Merrill Lynch International executed both purchase and sale transactions in shares of Manas Enerji Yonetimi Sanayi ve Ticaret A.S. on 10 September 2026. The trades occurred within a narrow price band of TRY 34.25 to 34.75, reflecting active institutional trading around a stable price range. In total, Merrill Lynch International bought 12,676,840 nominal shares and sold 17,230,531, resulting in a net sale of 4,553,691 shares in Manas Enerji. Following these transactions, Bank of America’s indirect shareholding and voting rights in Manas Enerji decreased from 5.606% to 4.230%, signaling a reduction in its institutional stake that may slightly affect the company’s ownership structure and perceived foreign investor exposure. **More about Manas Enerji Yonetimi Sanayi ve Ticaret A.S.** Manas Enerji Yonetimi Sanayi ve Ticaret A.S. operates in the energy management sector, with its shares traded on the Turkish capital markets. The company attracts interest from global financial institutions, underscoring its visibility and relevance within the broader energy and industrial services landscape. Its shareholder base includes international investors such as Bank of America Corporation, which participates in trading the company’s stock through its subsidiaries. This foreign institutional activity highlights Manas Enerji’s integration into global capital flows and may influence liquidity and price formation in its shares. **Average Trading Volume:** 28,184,199 **Technical Sentiment Signal:** Buy **Current Market Cap:** 11.76B TRY For an in-depth examination of MANAS stock, go to TipRanks’ Overview page. ### Related Stocks - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [BUZZ-Street View: Magnitude of BofA money laundering fine significant](https://longbridge.com/en/news/301817555.md) - [BofA's Borthwick Says Consent Order Neither Has An Asset Cap Nor It Crowds Out Anything Else](https://longbridge.com/en/news/301866970.md) - [Bank Of America Spokesperson Q3 Results Will Include Non-Tax-Deductible Charge Of $1.2 Billion Impacting Net Income By About 17 Cents Per Share](https://longbridge.com/en/news/301752481.md) - [Bofa's Borthwick Says Bank Has Completed A Lot Of The Work Required In Consent Order](https://longbridge.com/en/news/301839077.md) - [BUZZ-BofA shares fall after $1.2 bln Treasury-related settlement charge](https://longbridge.com/en/news/301816610.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**