How Many Shareholders Does Tesco Have?


2 Answers

Girija Naiksatam Profile
Tesco Public Limited Company is a UK based international supermarket chain. It is the largest British retailer both by global sales and by domestic market share, and the fourth largest retailer in the world behind Wal-Mart of the United States, Carrefour of France, and The Home Depot of the United States.

Tesco originally specialised in food, today it has further diversified into areas such as consumer electronics, clothes, financial services, selling and renting, internet services and consumer telecoms.

Tesco has some major shareholders like FMR Corp and Fidelity Intl Ltd which has invested 396,502,547m which amounts to 5.02% of shareholding in the company. Legal and General Group PLC has invested around 315,905,159m resulting in 4.00% of shareholding in the company. Barclays has invested 300,460,803m resulting in 3.80% shareholding. Capital Group Companies Inc has invested 290,054,076m gaining 3.65% in the shareholdings.
Tim O'Shea Profile
Tim O'Shea answered
It's hard to know exactly how many shareholders Tesco have as many smaller shareholders own their shares via a "Nominee" (a company that hold them on their behalf). Investment Funds/Companies and Hedge Funds also hold Tesco shares as part of their clients portfolio which also hides the actual beneficial owner.

However the following information about Tesco can be found in their 2012 Annual Report:

Significant Shareholders & % of Issued Share Capital:
- Berkshire Hathaway Inc. (Warrens Buffett's Company) 5.08%
- Blackrock, Inc. 4.96%
- Norges Bank 4.01%
- Legal & General Investment Management Limited 3.99%

So four main shareholders own over 17% of the total company.

Total Number of Shares Outstanding
The total number of shares in issue in 2012 was 8,045m (including potentially dilutive share options.*)

Employees as Shareholders
Over 210,000 Tesco employees (of total global staff of 519,671) participate in the Tesco all-employee share scheme. In 2011 Tesco delivered over 26 million shares to employees in the "Shares In Success Plan" which awards free shares based on a company performance.

2012 Annual Report
*Page 110 Tesco 2012 Annual Report

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