At the end of 2019, about 80% of the free float, or 48% of the total shareholder base, was held by institutional investors from 37 countries spanning five continents. The United Kingdom, the United States and France were the most representative countries. Individual investors account for approximately 3% of Galp’s share capital.
At Galp, we strive to maintain an open and transparent communication with the financial community. Our main concern is to disseminate, in a thorough and timely manner, information relevant to the market about our strategy and activities, whilst promoting the necessary actions to increase knowledge and interaction with market regulators, analysts and investors.
With this objective, we perform a series of initiatives on a regular basis, namely: