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Should Coles And Wollies Be In Public Hands? (Read 623 times)
Frank
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Re: Should Coles And Wollies Be In Public Hands?
Reply #30 - Mar 9th, 2026 at 3:17pm
 
whiteknight wrote on Mar 8th, 2026 at 10:28am:
Why Coles and Woolies should be in public hands   Huh
March 2, 2026
Green Left Weekly

Coles’ ‘down down’ promotion has been revealed as a price-gouging scam.




Woolworths Group Limited (ASX: WOW) is a publicly listed company, meaning it is owned by over 350,000 shareholders, including retail investors, employees, and1 large institutional investors. The largest shareholders are major investment firms and superannuation funds, with State Street Global Advisors, BlackRock, and AustralianSuper being the top holders



Coles Group Limited (ASX: COL) is primarily owned by institutional investors, with major stakes held by State Street Global Advisors (approx. 7.26%), BlackRock (approx. 6.22%), and The Vanguard Group (approx. 6.02%) as of July 2025. The company is widely held, reflecting its status as a top Australian retailer.


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