Published on 25 May 2024 on Simply Wall St. via Yahoo Finance
With 68% ownership, Renew Holdings plc (LON:RNWH) boasts of strong institutional backing
Key Insights
Institutions' substantial holdings in Renew Holdings implies that they have significant influence over the company's share price51% of the business is held by the top 10 shareholdersOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
If you want to know who really controls Renew Holdings plc (LON:RNWH), 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 68% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.