Published on 19 Aug 2023 on Simply Wall St. via Yahoo Finance
With 81% ownership, Smiths News plc (LON:SNWS) boasts of strong institutional backing
Key Insights
Significantly high institutional ownership implies Smiths News' stock price is sensitive to their trading actions51% of the business is held by the top 4 shareholders Past performance of a company along with ownership data serve to give a strong idea about prospects for a business
To get a sense of who is truly in control of Smiths News plc (LON:SNWS), it is important to understand the ownership structure of the business. With 81% stake, institutions 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).