359 Look who owns majority share in PayPal!! (media.greatawakening.win) ⬛ Blackrock - Cult of Saturn 🪐 posted 2 years ago by thephantom1979 2 years ago by thephantom1979 +359 / -0 68 comments download share 68 comments share download save hide report block hide replies
They buy enough to have controlling interest.
No a controlling interest is a majority of shares. They own 8.2%.
50.1%+ is controlling interest (majority share)
Each individual owner owns a small piece. An 8 percent owner has more leverage to push management in a certain direction.
The ownership equity you are referring to is about who gets what in the terms of dividends.
Equity means a physical claim to assets.
What I am talking about is operating decisions. Not who owns what claims to assets.
What they are doing is buying enough shares to get them a seat at the table to control management decisions.
That’s what they want.
It’s a comparison thing.
8 percent vs 1000’s of 0.000212 shareholders.
The 8 percent buys decision making.
This is why all of sudden these big companies are pushing wokeness.
Because the big asset management companies have enough stake to make management decisions.
That all may be so but you are using industry terminology as a “layman’s “ term that is different than the industry term definition. I’m just clarifying that vanguard does not have a “majority or “controlling” interest in the technical sense.
Controlling to me means who can make decisions at the operational level.
If you cannot make decisions. You do not have a controlling interest.
Most public companies have diluted shares that are spread across 1000s of people.
To take a majority.
All you would need is 8% compared to everyone else.
When you say they don't have a majority.
I am assuming that you are saying this because 92% of the shares are outstanding.
That is very true. But that 92% is broken up into small pieces among 1000s of shareholders.
So if I buy 100 shares of Microsoft. That is not enough to compete against the number of shares that Blackrock has.
Therefore... they will have a seat at the table compared to me.