Understanding the Ownership Structure of TPG Telecom (ASX:TPG)

October 08, 2024 01:34 PM AEDT | By Team Kalkine Media

Google News:

Understanding the Ownership Structure of TPG Telecom (ASX:TPG) — Image source: shutterstock

Recent News

Top Entertainment Options in Oahu, Honolulu, Waikiki: What Travelers N...

SYDNEY BASED CBD INSIGHTS LIFESTYLE MAGAZINE COMMENCE FEATURES ON CARP...

At London Climate Week, forestry companies launch Natural Capital Valu...

Apple internally weighs bid for ChatGPT rival Perplexity, Bloomberg sa...

Highlights

Public companies hold the largest stake in TPG Telecom (ASX:TPG) at 35%.

Private companies account for 28% of ownership in TPG Telecom.

Insiders maintain a significant interest, with AU$939 million in shares.

TPG Telecom Limited (ASX:TPG) has a diverse ownership structure that plays a key role in shaping the company’s direction. Public companies hold the largest stake, controlling 35% of TPG Telecom’s shares. This substantial shareholding indicates that these entities have the most exposure to the company's potential outcomes.

Private companies also hold a significant portion, accounting for 28% of the total shares. This indicates a broad mix of ownership types that could influence company decisions and future strategies.

Among the major shareholders, Vodafone Hutchison (Australia) Holdings Limited stands out, holding 28% of the shares, while two other large shareholders hold 13% and 11%, respectively. Together, these top three shareholders command over half of TPG Telecom’s shares, giving them considerable influence over company decisions.

Institutional investors also feature in TPG’s shareholder base, a sign of the company's credibility in the broader market. However, institutions are not immune to risk, particularly if a concentrated group holds a large number of shares, leading to potential volatility in certain situations.

Insider ownership in TPG Telecom is also notable. Insiders, including members of the board and management, hold a significant portion of shares, amounting to AU$939 million. This level of insider ownership can be viewed as a positive sign, showing alignment with shareholders’ interests and a commitment to the company's long-term success.

With a blend of public, private, institutional, and insider ownership, TPG Telecom's shareholder structure reflects a mix of interests, positioning the company for growth while ensuring alignment between leadership and investors.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.