ASH8

http://mdn.mainichi.jp/mdnnews/busin...bu031000c.html


TOKYO (Kyodo) --

Major U.S. investment manager AllianceBernstein L.P. has acquired a 6.72 percent ownership stake in Mazda Motor Corp. for investment purposes, the U.S. firm said in a recent report to the Japanese Financial Services Agency.

AllianceBerstein is likely to have become the largest shareholder in the Japanese automaker.

In the report submitted on Aug. 19, the investment fund said it bought a 6.72 percent stake in Mazda. That exceeds the 6.61 percent shareholding of a different U.S. investment company, Franklin Templeton Investments, which reported its share purchase to the agency in July.

Ford Motor Co., once the largest shareholder in Mazda, lowered its equity stake in the Japanese automaker to about 3.5 percent by November last year.


(Mainichi Japan) August 27, 2011

ASH8

So now the major Mazda shareholder appears to be the French!!..

Or should I say AXA Insurance.

MattMPS

AFAIK the main shareholder (after the exit of Ford) is Mitsui-Sumitomo that holds about 9% of shares with three different company affiliates

http://www.mazda.com/investors/stockinfo/situation.html

is true that there are three different stakeholders, but they are strictly linked...

ASH8

That Mazda info is 5 months old..??

MattMPS

this is the latest available, but in effect maybe i'm wrong, obiouvesly some stakeholder have selled stakes to AB, NOW AB is the main S.H.

nycgps

iTrader: (1)

so does that mean We will never see the next rotary? cuz honestly that's all I cared about

RogueTadhg

Japanese car with a French influence. Hell, i'd invest in mazda, move to japan and leak pictures to RX7/8 forums

ASH8

I hope not...since when have the mainstream French made a Great Car....pause...thinking...pause...thinking

monchie

Hmmmm...French...i love french fries though. Anyway, at least, someone is still interested with Mazda.

alnielsen

iTrader: (4)

French Frys are not French. They got their name by the cooking process called frenching.

As long as people see the value in Mazda (as long as they don't buy a majority stake) can only be a good thing. It should help fund R&D projects, like the next rotary engine.

nycgps

iTrader: (1)

rofl pwned.

Ford ?

it's good someone is buying Mazda's stock. hmm, Let's just hope that SkyActiv will sell like hot cakes

oltmann

IMO, Renault has been a good influence on Nissan. I think that when they seized control in '99 the sportiest car Nissan sold in the US was the Maxima.
Obviously not completely analogous, as Renault bought a larger share and installed their own CEO. However, Mazda has trouble marketing their cars in the US. Who knows better how to market to Americans than the French? They can sell people canvas handbags for $2k.

alnielsen

iTrader: (4)

It is a common mistake. Hence the reason we had the term Freedom Fries a few years ago, when being French was out of fashion in the US.

Speed_8

also its unlikely that 'French fried' refers to 'frenching' in the sense of "julienning", which is not attested until after 'French fried potatoes' previously, Frenching referred only to trimming the meat off the shanks of chops

alnielsen

iTrader: (4)

OK, now that we got the cooking portion out of the way, lets return to discussing the trading of Mazda stock and it's affects.