I was looking around at some stocks this morning and found this in the Charter Communications stock
How can a stock have 101% ownership?
Does percent ownership actually mean anything?
For example: WMT is 77.5% owned.
If a company has 1000 shares and i buy 500 does that actually mean i own 50% of the company?
I thought i understood the percent ownership thing but Charter kind of threw me for a loop.
Your link takes me to a login page, so I’m not able to see what you’re asking about.
However, my guess is that the 101% is just an artifact of rounding a series of numbers.
If something is less than 100% owned, that could be a percentage of total authorized shares owned outside of the company. Treasury shares are those that the company bought back for itself, often so that it has stock for employee stock plans. While they exist as legally authorized shares, they’re frequently excluded from calculations.
Cite?
I imagine TWN is talking about institutional ownership, which does make up the bulk of Wal-Mart shareholders.