Published on 25 Apr 2024 on Simply Wall St. via Yahoo Finance
Westpac Banking Corporation (ASX:WBC) most popular amongst retail investors who own 71% of the...
Key Insights
Westpac Banking's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger publicA total of 25 investors have a majority stake in the company with 26% ownership Institutional ownership in Westpac Banking is 29%
To get a sense of who is truly in control of Westpac Banking Corporation (ASX:WBC), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are retail investors with 71% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.