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Friday, 12/06/2019 6:53:10 PM

Friday, December 06, 2019 6:53:10 PM

Post# of 70335
Institutions own 12% of Aurora and Retail investors own 84% of Aurora cannabis.. Aurora Cannabis already has institutions on the share registry. Indeed, they own 12% of the company. This suggests some credibility amongst professional investors... The general public, mostly retail investors, hold a substantial 84% stake in ACB, suggesting it is a fairly popular stock. With this size of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to decline an acquisition or merger that may not improve profitability... https://simplywall.st/stocks/ca/pharmaceuticals-biotech/tsx-acb/aurora-cannabis-shares/news/how-many-aurora-cannabis-inc-tseacb-shares-do-institutions-own/
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