Hey Guys, just wondering if you guys could tell me what is Coke's structure of ownership: IS IT CLOSELY/WIDELY HELD? I think it is widely. Percentage of ownership by institutions is about 21%, I don't know what is the rest.
Thanks for the help!
2006-07-15 04:45:12 · 6 answers · asked by walkingdeath 2 in Business & Finance ➔ Investing
W I D E L Y
2006-07-15 04:47:03 · answer #1 · answered by Nick C 3 · 1⤊ 0⤋
Coke is one of the Dow 30 stocks - the most widely held stocks in the world.
That 21% number means nothing; compared to what? Out of how many billions of shares? What they don't say is that almost every major institution in the world owns Coke.
Last I heard, Warren Buffet filed with the SEC to up his ownership from 6% to 12% so he could get on the Board of Directors. That's pretty good company.
It would certainly be helpful if you guys would give us the reason you're asking these questions or a little background as to how this has any significance to anything at all. Why is this important? Or, if you're really "just wondering," you'll get a tepid response of only a few answers.
2006-07-16 00:38:10 · answer #2 · answered by dredude52 6 · 0⤊ 0⤋
If institutions only comprise 21% that is pretty much the definition of widely held. You would need to check the percentage of shares held by insiders though to be sure.
-Dio
2006-07-15 11:49:18 · answer #3 · answered by diogenese19348 6 · 0⤊ 0⤋
Unless I'm just totally missing something, it's a very public company. The ticker symbol is KO, here's a link to the Yahoo! Finance profile for the company:
http://finance.yahoo.com/q?s=KO
2006-07-15 11:54:40 · answer #4 · answered by songkaila 4 · 0⤊ 0⤋
widely
2006-07-15 11:49:01 · answer #5 · answered by Laurel 2 · 0⤊ 0⤋
closly and there is alot of stocks
2006-07-15 11:48:27 · answer #6 · answered by dedpetalsgurl 1 · 0⤊ 0⤋