Published on 11 Jan 2024 on Simply Wall St. via Yahoo Finance
Private companies account for 51% of Loblaw Companies Limited's (TSE:L) ownership, while individual...
Key Insights
Significant control over Loblaw Companies by private companies implies that the general public has more power to influence management and governance-related decisions51% of the company is held by a single shareholder (Wittington Investments, Limited)Insiders have been buying lately
If you want to know who really controls Loblaw Companies Limited (TSE:L), then you'll have to look at the makeup of its share registry. With 51% stake, private companies possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.