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Who owns Nationwide?

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1nvest
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Who owns Nationwide?

#600343

Postby 1nvest » July 6th, 2023, 3:16 pm

Nationwide BS proclaim
We're a building society, or mutual, owned by our members. That's anyone who banks, saves or has a mortgage with us. We're run for their benefit and to help the communities around us. We're not run for shareholders in the same way that banks are

But you can buy shares in NBS.

Alaric
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Re: Who owns Nationwide?

#600346

Postby Alaric » July 6th, 2023, 3:25 pm

1nvest wrote:But you can buy shares in NBS.


Not ordinary shares giving ownership and voting rights. Permanent Income Bearing Shares (PIBS) which presumably is what you refer to are a perpetual loan to the Building Society - like Preference Shares in a Company.


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