Who Owns General Motors?

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Written By Angelo Sorbello

Tech entrepreneur and passionate about business

 

 

General Motors (GM), a prominent automotive company, operates under a diverse ownership structure, being owned by various shareholders.

Notably, BlackRock, Inc. holds the largest stake, followed by The Vanguard Group. This ownership structure reflects the widespread interest and confidence in GM's performance and future prospects.

As a leading player in the industry, GM manufactures and markets a diverse range of vehicles, including electric and autonomous vehicles, catering to evolving customer demands.

In this article, we will explore the significance and implications of GM's ownership by multiple shareholders.

Key Takeaways

  • General Motors is owned by various shareholders, including BlackRock, Inc., The Vanguard Group, Capital Research Global Investors, Capital World Investors, and Mary T. Barra.
  • BlackRock, Inc. is the largest shareholder of General Motors with over 117 million shares or 8.1% of outstanding shares.
  • The Vanguard Group is the second-largest shareholder of General Motors with over 102 million shares or 7.0% of outstanding shares.
  • General Motors has diversified ownership with institutional investors and named executive officers also holding significant stakes in the company.

BlackRock, Inc. – Largest Shareholder

BlackRock, Inc. holds the largest ownership stake in General Motors with over 117 million shares, making it the company's largest shareholder. As the largest asset manager in the world, BlackRock's significant stake in General Motors demonstrates its confidence in the company's long-term prospects.

This ownership position allows BlackRock to have a significant influence on the strategic decisions of General Motors. Furthermore, it is worth noting that BlackRock is also a major shareholder in Tesla, a leading electric vehicle manufacturer and competitor to General Motors.

This puts BlackRock in a unique position, as it holds significant stakes in two major players in the automotive industry. As an influential shareholder, BlackRock's investment decisions and perspectives on the industry could shape the future direction of both General Motors and Tesla.

The Vanguard Group – Second-Largest Shareholder

The Vanguard Group holds the second-largest ownership stake in General Motors, positioning it as a significant shareholder in the company. As of the latest information available, The Vanguard Group owns over 102 million shares, representing approximately 7.0% of the outstanding shares of General Motors. Being one of the largest investment management companies in the world, The Vanguard Group's influence in General Motors cannot be overlooked.

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The company's investment strategy focuses on long-term growth and value creation. As a shareholder, The Vanguard Group plays a crucial role in decision-making processes, such as voting on corporate matters and engaging with management. Their investment strategy aligns with the goal of maximizing long-term shareholder value, contributing to the overall stability and growth of General Motors.

Capital Research Global Investors

Capital Research Global Investors is another significant shareholder of General Motors. As one of the major institutional investors, Capital Research Global Investors holds a substantial stake in the company. Here are some key points to understand their involvement:

  • Capital Research Global Investors is a prominent institutional investor in the automotive industry and holds a significant position in General Motors.
  • As an institutional investor, they have the expertise and resources to analyze and evaluate investment opportunities in the market.
  • Their involvement as a major shareholder indicates their confidence in General Motors' business prospects and long-term growth potential.
  • Capital Research Global Investors' investment in General Motors aligns with their investment strategy and portfolio diversification goals.
  • Their position as a major shareholder gives them a significant say in the company's decision-making processes and corporate governance.

Capital World Investors

Continuing the discussion on General Motors' ownership structure, another significant shareholder of the company is Capital World Investors. As one of the leading institutional investors, Capital World Investors holds a substantial stake in General Motors.

Institutional investors like Capital World Investors are crucial players in the stock market, managing large sums of money on behalf of their clients, which can include pension funds, mutual funds, and other financial institutions. With their expertise and resources, institutional investors play a vital role in shaping the ownership and governance structure of companies like General Motors.

Their investment decisions can influence the company's strategic direction and performance. Capital World Investors' presence as a shareholder of General Motors underscores the confidence and interest of institutional investors in the company's potential and growth prospects.

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Mary T. Barra – Shareholder

As a prominent figure in General Motors' ownership structure, Mary T. Barra holds a significant stake in the company. She is not only the Chief Executive Officer (CEO) but also a shareholder.

One of the notable shareholders in General Motors is BlackRock, Inc., which happens to be the largest shareholder with over 117 million shares, accounting for 8.1% of the outstanding shares.

Mary T. Barra's ownership stake in General Motors is not specified in the information provided. However, as a named executive officer, it can be inferred that she holds a significant number of shares in the company.

Her role as both CEO and shareholder showcases her commitment and investment in the success of General Motors.

Institutional Investors – Major Shareholders

Institutional investors play a significant role as major shareholders in General Motors. These investors have a significant impact on the ownership structure of the company. Two of the largest institutional shareholders in General Motors are BlackRock, Inc. and The Vanguard Group. BlackRock, Inc. holds over 117 million shares, accounting for 8.1% of outstanding shares, while The Vanguard Group holds over 102 million shares, accounting for 7.0% of outstanding shares.

These institutional investors, along with other major shareholders, shape the ownership landscape of General Motors. When comparing the institutional investors in General Motors to Tesla, it is important to note that both companies have different institutional shareholders. While BlackRock, Inc. and The Vanguard Group are major shareholders in General Motors, Tesla has shareholders such as Larry Ellison, Antonio Gracias, The Vanguard Group, BlackRock, and Capital Ventures International.

Named Executive Officers – Major Shareholders

Some of the major shareholders in General Motors include the named executive officers of the company. These executives not only play a crucial role in the management and operations of General Motors but also have a significant financial stake in the company.

The ownership of shares by named executive officers aligns their interests with those of the shareholders, promoting effective corporate governance and accountability. It is worth noting that executive compensation is an important aspect of corporate governance, as it incentivizes executives to drive company performance and create shareholder value.

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Frequently Asked Questions

How Many Shares Does Blackrock, Inc. Hold in General Motors?

BlackRock, Inc. holds over 117 million shares or 8.1% of outstanding shares in General Motors. Analysis of BlackRock's overall holdings in different companies, including General Motors, highlights the impact of institutional investors on decision-making processes.

What Is the Ownership Stake of the Vanguard Group in General Motors?

The Vanguard Group holds a 7.0% ownership stake in General Motors. This significant ownership position may have an impact on the company's decision-making process. Having multiple shareholders in a company like General Motors can provide both benefits and drawbacks.

Who Are the Top Shareholders of General Motors Besides Blackrock and the Vanguard Group?

Other major shareholders of General Motors include Capital Research Global Investors, Capital World Investors, and Mary T. Barra. The impact of shareholder ownership on the company's decision-making process can vary depending on their level of influence and involvement.

What Is the Ownership Stake of Mary T. Barra in General Motors?

Mary T. Barra's ownership stake in General Motors is undisclosed. However, as the CEO of the company, her leadership and decision-making influence have a significant impact on the stock performance and overall direction of General Motors.

Who Are the Institutional Investors and Named Executive Officers That Hold Significant Shares in General Motors?

Institutional investors and named executive officers play a significant role in General Motors' decision making and financial performance. Their ownership stakes and influence can impact strategic decisions and the company's overall success.

Conclusion

In conclusion, General Motors' ownership structure is characterized by a diverse group of shareholders, including BlackRock, Inc. and The Vanguard Group as the largest shareholders. This reflects the widespread interest in the company and the confidence placed in its performance and future prospects.

Notably, BlackRock, Inc. holds over 117 million shares, demonstrating its significant stake in GM. This statistic highlights the strong presence of institutional investors in the company and underscores the industry's recognition of GM's importance in the automotive sector.

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