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  "documentTitle": "WSP Global Inc. (WSP)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-04-03 00:00:00",
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  "notes": "The slide uses a table to document specific share transactions, highlighting a large divestment in November 2023.",
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      "text": "Large divestment",
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      "text": "In fact, CPPIB made a large stock divestment of ~2.5 million shares on November 15, 2023 during a month when the market rallied sharply on the belief that the Federal Reserve's interest rate rising cycle would end.",
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      "text": "shares sold: 2.48 million",
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      "text": "While the chorus of brokers saying to buy WSP's shares continues, the Canadian Pension Plan Investment Board (CPPIB), the second largest shareholder, is selling. In fact, CPPIB made a large stock divestment of ~2.5 million shares on November 15, 2023 during a month when the market rallied sharply on the belief that the Federal Reserve's interest rate rising cycle would end. The stock sale was at C$182.26 per share, or approximately 17% below the current price.",
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      "text": "Source: Sedi.ca",
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      "kind": "table",
      "text": "Canadian Pension Plan Investment Board, Share Transactions In 2023",
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      "kind": "title",
      "text": "WSP's Second Largest Shareholder Is Selling",
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