Published on 3 Dec 2023 on Simply Wall St. via Yahoo Finance
Institutions own 23% of Telesat Corporation (TSE:TSAT) shares but retail investors control 74% of...
Key Insights
Telesat's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger publicThe top 25 shareholders own 25% of the company Insiders have sold recently
Every investor in Telesat Corporation (TSE:TSAT) should be aware of the most powerful shareholder groups. With 74% stake, retail investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).