Biggest winners in First Data's IPO? The workers (5,000 workers $42,000 average)
I have relatives that are a part of this.
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KENT SIEVERS/THE WORLD-HERALD
First Data CEO Frank Bisignano visits earlier this year with production operator Carla Herron in the First Data Output Services building near Eppley Airfield. Bisignano is the biggest individual shareholder in the company, with holdings that are worth $88 million based on its initial trading price.
http://www.omaha.com/money/biggest-winners-in-first-data-s-ipo-the-workers/article_7f586f87-d051-51c7-b5f6-ca3464da86a2.html
By Cole Epley POSTED: THURSDAY, OCTOBER 15, 2015 12:30 AM
Among the biggest winners in First Datas public stock offering could be the companys employees, about 5,000 of whom work in Omaha.
The companys workers around the world already hold tens of millions of shares of First Data Corp. as the stock begins trading on the New York Stock Exchange today.
Each employee could end up holding about $49,400, on average, though that number certainly is skewed by the big holdings of the companys executives, managers and directors. The employees had been granted stock in lieu of company contributions to their retirement plans.
Snip: That average is skewed by the holdings of First Data executives and directors, who hold about 10.4 million shares, or $166.4 million. Subtracting the holdings of executives and directors, First Data employees average stake falls to about $42,000.