At the end of 2018, about 80% of the free float, or 47% of the total shareholder base, was held by institutional investors from 37 countries spanning five continents. Institutional investors outside of Europe accounted for 36% of the free float and are largely concentrated in North America. Individual investors account for approximately 2% of Galp’s share capital.
Investors outside Europe
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:
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