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Grafton Group sees significant institutional ownership at 74%

EditorPollock Mondal
Published 24/11/2023, 12:02
Updated 24/11/2023, 12:02
© Reuters.

Institutional investors hold a dominant stake in Grafton Group plc, with their combined share totaling a significant 74% of the company's equity. The leading institutional shareholder is Ninety One UK Limited, with a 9.2% interest in the firm. Close behind is Michael Chadwick, who owns 8.3%, and BlackRock (NYSE:BLK), Inc., with a 7.1% stake.

These major shareholders have the potential to influence Grafton Group's market performance due to their substantial holdings. Moreover, insiders of the company have considerable personal investments totaling around £148 million but have recently been offloading some of their shares.

While institutional and insider participation is robust, individual investors still play a role in the company's ownership structure, holding a non-negligible 17%. This distribution of ownership could be an important factor for potential investors to consider when evaluating Grafton Group's stock, especially when taken in conjunction with market trends and analyst perspectives on the company's financial history.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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