The Copenhagen-based retail chain IKEA specializes in providing affordable and attractive furniture and home goods at a great value. IKEA operates over 587 locations worldwide, and is valued at nearly $58.7 billion right now.
IKEA does not currently trade on the stock market, but you may wonder if they plan on doing so going forward. I have found everything I could find!
Where can I buy IKEA stock What will happen in 2022?
In 2022, IKEA will not be traded on any stock exchange because it is a privately held company. INGKA, a foundation established by IKEA founder Ingvar Kamprad, now owns IKEA. Further, IKEA does not plan on going public at any time.
See how IKEA’s stock market ties to INGKA’s foundation, and what the company is doing to improve it!
Does IKEA have a history of being traded on a stock market?
There has never been an IPO for Ikea. Because INGKA Foundation has held all the company’s stocks since its inception, this is the case.
As INGKA Foundation and IKEA have been in the family for generations, it is unlikely that IKEA will ever be listed on the stock market since the company has been handed down for generations.
INGKA: Who Is It, What Is Its Business Structure?
Ingvar Kamprad founded INGKA in 1982, IKEA was founded in 1943 by Ingvar Kamprad. IKEA largely exists as a result of the INGKA foundation to keep control close to the company.
Ingvar Kamprad’s family makes up a significant part of INGKA’s supervisory board.
In addition to implementing a useful anti-takeover policy, the INGKA group performs a high degree of resistance against being seized by a larger firm, either forcibly or willingly.
Does Ikea plan to go public at some point?
It is very unlikely at this point. INGKA Foundation is the only investor in the company, and all of its shares and stocks are owned by family members.
The Swedish company is also strongly opposed to having the company governed by larger corporations. To prevent a situation like this from happening, the INGVAR Foundation has introduced anti-takeover protection.
Shares of IKEA can you buy?
Since the past few years, investing in the stock market has become much easier, thanks to apps such as eToro, Robinhood, and Acorns, which make it easier for anyone to get involved.
However, IKEA’s corporate structure makes it impossible for any number of shares to be bought in its company, as it is owned exclusively by the INGKA Foundation, which prevents the company from being sold, or its shares from being traded publicly.
Is IKEA competitive with any other companies on the stock market?
Many stock market investors look to IKEA’s closest rivals to find promising investments since IKEA doesn’t publicly trade.
These are a few companies that compete with IKEA and are listed on the market:
- Stocks in this company are valued at one of the highest levels on the market. It offers a wide variety of products you wouldn’t otherwise be able to find, and they sell them at incredible prices, making it a very profitable company. It is possible to buy Amazon shares, but they can be costly.
- IKEA is IKEA’s entire market, which Walmart sells both in-store and online. Both retailers sell a wide range of goods, including furniture. Furthermore, Walmart offers products at highly attractive prices, making them easy to afford and extremely profitable, much like IKEA.
- Online store Wayfair specializes in interior decoration and home furnishing. You can buy all kinds of furniture at Wayfair because its products come from thousands of suppliers around the world. IKEA is not publicly traded, so Wayfair could be a great investment instead.
IKEA has never traded on a public stock market since it was founded in 1943 by Ingvar Kamprad. Ingvar Kamprad, the founder of IKEA, established the INGKA Foundation in 1982, which owns a substantial portion of the company.
With the INGKA Foundation, INGKA will remain in its entirety for the foreseeable future so as to prevent hostile takeovers.