Molson Coors Beverage Co is a publicly traded company, so it is owned by its shareholders who hold its stock. However, it is important to note that the ownership of a publicly traded company can be quite diverse, with individuals, institutional investors, and mutual funds all holding shares.
To provide a more comprehensive answer, it is helpful to delve into the history of Molson Coors and the major stakeholders involved.
The Molson family has a long and rich history in the brewing industry, dating back to 1786 when John Molson founded Canada's oldest brewery, Molson Brewery. Over the years, Molson Brewery expanded its operations and became a prominent player in the Canadian beer market. In 2005, Molson merged with Coors Brewing Company, creating the Molson Coors Brewing Company.
Today, Molson Coors Beverage Co is a multinational brewing company with operations in North America, Europe, and Asia. The company's head office is located in Chicago, Illinois, but it maintains a strong presence in Canada, where it originated.
As a publicly traded company, Molson Coors is listed on the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol TAP. This means that anyone can buy shares in the company through these exchanges, effectively becoming a partial owner of Molson Coors. The ownership of the company is divided among these shareholders, who may include individual investors, institutional investors such as mutual funds or pension funds, and company insiders.
It is worth noting that the Molson family still has a significant stake in the company. Eric Molson, a member of the family, served as the Chairman of Molson Coors Brewing Company for many years. The Molson family's commitment to the company's success and their deep roots in the brewing industry have undoubtedly played a significant role in shaping the company's direction and values.
In addition to shareholders and the Molson family, Molson Coors also has a board of directors who provide oversight and strategic guidance. The board is composed of experienced individuals from various backgrounds, including business, finance, and the brewing industry.
While Molson Coors Beverage Co is a publicly traded company owned by its shareholders, the Molson family's historical involvement and significant ownership stake have had a notable influence on the company's operations and direction.