How do i work out how many shares i need to own 1% of a company?

Question

Rainbow Girl - Thanks alot! that was very informative!

Answer 1

Depends how many shares are issued.

Answer 2

It's 1% of the issued shares.

As an example: -

If it's a quoted company such as BP, who have 18,812,720,000 shares issued, then you would need to own 188,127,200 shares at 569.50 pence each, costing you £1,071,384,404 just for the shares.

Answer 3

Basic arithmetic. A 100  share company you would need 1 share, 1000 share company 10 shares etc.

Answer 4

Multiply the no. of shares issued by 0.01.

Answer 5

The number of shares issued is a matter of public record. You can find out at Companies House, or you could ask the particular company's secretary.

Answer 6

Ok, I know this doesn't answer the question. But it answers your other question.

Yeah, I added you because you said my answer was superb. It made me feel good and you were the first person to actually give me feedback.

=D

Answer 7

Divide the no of shares issued by 100