Introduction
CVS Health is one of the largest health care companies in the US. With more than 9,900 locations nationwide, it serves over 70 million customers every day. The company offers a wide range of products and services, including pharmacy, retail, specialty, mail order, and long-term care services.
This article aims to explore who owns CVS Health and its ownership structure. It will look at the corporate players behind the company and major investors in CVS Health.
A Profile of CVS Health’s Ownership Structure
CVS Health is structured as a publicly traded company on the New York Stock Exchange (NYSE). This means that anyone can buy and sell shares in the company on the stock market.
The company’s ownership structure is made up of shareholders, which are individuals or entities that own shares in the company. These shareholders are typically institutional investors, such as mutual funds, pension funds, and hedge funds, or individual investors.
The Corporate Players Behind CVS Health
The corporate players behind CVS Health include its board of directors, management team, and employees. The board of directors is responsible for overseeing the company’s operations, setting its strategic direction, and ensuring that the best interests of its shareholders are being served.
The management team is responsible for day-to-day operations, such as marketing, research and development, finance, and operations. Finally, the company’s employees are responsible for carrying out the company’s operations.
Who Owns CVS Health?
Shareholders are the ultimate owners of CVS Health. As of April 2021, the company had 1,940,845,719 common shares outstanding. The three largest institutional shareholders of CVS Health are Vanguard Group, BlackRock, and State Street Corporation. Together, these three institutions own approximately 28% of the company’s outstanding shares.
Exploring the Major Investors in CVS Health
The largest individual shareholder of CVS Health is Stephen Hemsley, the former CEO of UnitedHealth Group. He holds approximately 4.3% of the company’s outstanding shares. Other major individual investors include Edward C. Johnson III, the chairman of Fidelity Investments, and Steven A. Cohen, the founder of Point72 Asset Management.
In addition to these individual investors, there are several large institutional investors that hold significant stakes in CVS Health. These include Capital Research Global Investors, Wellington Management Company, LLC, and Geode Capital Management.
Unpacking CVS Health’s Ownership Structure
CVS Health’s ownership structure is made up of both individual and institutional investors. While the company is ultimately owned by its shareholders, the corporate players behind CVS Health – its board of directors, management team, and employees – play an important role in the company’s success. In addition, CVS Health’s major investors include some of the world’s largest and most influential financial institutions and individuals.
Conclusion
CVS Health is a publicly traded company whose ownership structure is made up of shareholders, corporate players, and major investors. While the company is ultimately owned by its shareholders, the corporate players behind CVS Health – its board of directors, management team, and employees – play an important role in the company’s success. In addition, CVS Health’s major investors include some of the world’s largest and most influential financial institutions and individuals.
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