- Bank of America Corp DE acquired a new stake of 5,496,860 shares in The AES Corporation, valued at approximately $80,584,000, during the second quarter.
- The utilities provider reported second-quarter earnings of $0.60 per share with revenue of $3.42 billion, both surpassing consensus analyst estimates.
- Institutional investors currently own 93.13% of the company's stock, which recently declared a quarterly dividend of $0.176 per share.