---
title: "GIC Private sells 590,284 Medline common shares for $21 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295541484.md"
description: "GIC Private sold 590,284 Medline Class A common shares on August 7, 2026, at a weighted average price of $35.58, totaling approximately $21 million. Following this transaction, GIC's direct stake decreased to 24,402,482 shares. Meanwhile, Hux Investment reported holding 91,555,447 Class A shares indirectly."
datetime: "2026-08-11T13:04:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295541484.md)
  - [en](https://longbridge.com/en/news/295541484.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295541484.md)
generator: "portal-rs"
---

# GIC Private sells 590,284 Medline common shares for $21 million

-   GIC Private sold 590,284 Medline Class A common shares on Aug. 7, 2026 at a weighted average price of USD 35.58. \* Direct stake fell to 24,402,482 shares following the sale. \* Hux Investment reported 91,555,447 Class A shares held indirectly. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medline Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-343561), on August 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**