Who is the largest owner of Walgreens?
While the percentage of insider ownership may seem high, it’s important to understand that this number includes the shares owned by Pessina himself. He is the former CEO and current Executive Chairman of Walgreens Boots Alliance, and his influence on the company is significant.
It’s also worth noting that institutional investors, such as mutual funds and pension funds, hold a substantial portion of Walgreens Boots Alliance shares, representing 59.95% of the company. These institutions play a vital role in the company’s governance and financial performance.
Here’s a breakdown of the shareholders:
Institutional Investors: 59.95%
Insiders: 124.69% (including Pessina’s shares)
Retail Investors: 0.00%
The significant ownership of the company by Stefano Pessina highlights his influence and involvement in the direction of Walgreens Boots Alliance. His vast shareholding makes him a key figure in the company’s future decisions, and his experience and insights are invaluable to the organization’s success.
Find more information here:smemisa.com
Categories: Stefano Pessina Net Worth: A Look At The Pharma Mogul’S Fortune