Published on 5 Apr 2024 on Simply Wall St. via Yahoo Finance
Private companies account for 50% of Donegal Group Inc.'s (NASDAQ:DGIC.A) ownership, while...
Key Insights
Significant control over Donegal Group by private companies implies that the general public has more power to influence management and governance-related decisionsDonegal Mutual Insurance Company owns 50% of the company 30% of Donegal Group is held by Institutions
If you want to know who really controls Donegal Group Inc. (NASDAQ:DGIC.A), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are private companies with 50% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.