Published on 9 May 2024 on Simply Wall St. via Yahoo Finance
With 61% ownership, thyssenkrupp AG (ETR:TKA) boasts of strong institutional backing
Key Insights
Institutions' substantial holdings in thyssenkrupp implies that they have significant influence over the company's share priceA total of 9 investors have a majority stake in the company with 52% ownership Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
If you want to know who really controls thyssenkrupp AG (ETR:TKA), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 61% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).