ikea is one of the most popular chain of retails stores which specialize in the provision of high quality home goods for affordable prices. ikea has stores everywhere that include the US, UK, Netherlands, Australia, Denmark, Malaysia, Spain, Italy, Hong Kong, Sweden and Sweden, and the Netherlands. The net worth of ikea is currently valued at $58.70 billion.
You may be wondering whether IKEA currently trades on the stock market and whether they plan on going public. Here is everything I have managed to find out!
Is IKEA On The Stock Market In 2022?
The Stichting INGKA Foundation is the company that owns IKEA. The most common type of stock in IKEA is Class-A shares, and the company does not issue Class-B shares. As of 2022, the INGKA Foundation retains all of the rights to the IKEA brand, and can give or sell shares to other entities, as long as they will remain independent from the company.
You can find out more about INGKA, the foundation that manages the IKEA Foundation.
Has IKEA Ever Been On The Stock Market Before?
ikea doesn’t trade publicly on the stock market. because the INGKA foundation holds all stocks and has done since the very beginning.
The Kamprad family, who control IKEA, are likely to put the company into the public, meaning that it will be much more difficult for a single individual to control IKEA, and also, it becomes much more difficult for an individual to make as much money from a publicly listed company.
What Is INGKA, And How Is Its Corporate Structure Made Up?
The Ingvar Kamprad Foundation is a Swedish non-profit organization founded in 1972 by Ingvar Kamprad to keep his company, IKEA, in the Kamprad family’s hands. In addition to maintaining the foundations’ tax-exempt status, the Ingvar Kamprad Foundation is used to fund education projects in Africa and work within the communities where IKEA is based.
As the company started growing the number of Ingvar Kamprad’s family members on the board increased.
INGKA plans and organizes in such a way that if they are ever taken over by a larger company, the smaller company will not have to share its value with the bigger company.
INGKA wants to make sure they are never taken over, or that if they are taken over by bigger company, they don’t lose any money or share in their value.
Will IKEA Ever Go Public On The Stock Market?
If there were to be a new company, it would be a public company, which would mean that it would have to register with the Swedish authorities. A public company could be established by anyone, but the law would require that the company have a board of directors that is independent of the founders. The same law requires that the investors be registered in the country of registration, and that the management of the company be independent of the founders.
IKEA doesn’t want to be owned by anyone or anything so they set up an IP trust fund, the INGVAR Foundation, which, if a take over occurs, has the capability to take over the ownership of IKEA.
Can You Buy IKEA Shares?
With this in mind, it was only a matter of time before online brokers and apps began offering trading in cryptocurrency, which brings with it all the promise and potential, but also has the potential to bring investors into the stock market.
In addition, it is not possible for a private investor to purchase shares in the IKEA company, and the IKEA company will not allow any third-party investor to invest in its shares; it is exclusively owned by the INGKA Foundation, a Swedish charitable organization.
Are There Any Competitors To IKEA That Are On The Stock Market?
IKEA is a non-public company. It is not listed on some stock market, and thus investors look to their closest competitors.
Nordea (STO): This is the biggest bank in Finland and a leader in online banking.
To learn more, you can also see my guides on IKEA trends and IKEA finance, as well as IKEA’s competitive advantages in areas such as the food, products, and services sectors.
Conclusion
Ingvar Kamprad was a Swedish furniture designer. He also founded IKEA in 1943. IKEA is the world’s largest furniture company and now also has stores in North America, South America, South Africa, Asia, Australia and New Zealand.
In order for there to be a hostile takeover, the foundation needs to sell its shares to another corporation. The Foundation makes sure that it never has to do that.
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