IKEA Stock: Can You Buy IKEA Stock? Will they be listed?
IKEA is a popular retail chain that specializes in high-quality homeware and furniture at affordable and attractive prices. IKEA has stores all over the world and is currently worth over $58.7 billion!
However, you might be wondering if IKEA is currently trading on the stock market and if they have plans to go public. Here’s everything I’ve managed to find out!
Is IKEA on the stock market?
IKEA is a privately held company, so as of 2023, the company is not currently traded on any stock exchange. IKEA is owned by the Stichting INGKA Foundation, founded by IKEA founder Ingvar Kamprad. Additionally, IKEA has no plans to go public or have an IPO at any time in the future.
Read on to learn more about IKEA’s relationship with the stock market and the INGKA Foundation!
Has IKEA ever gone public before?
IKEA has never been publicly traded on the stock market. This is because the INGKA Foundation holds all the shares in the company and has held them since the beginning.
IKEA and the INGKA Foundation are currently owned by the Kamprad family, meaning the business has been passed down for generations and will likely be for many years to come, so IKEA is unlikely to enter the stock market.
What is INGKA and how is its corporate structure structured?
INGKA was founded in 1982 by Ingvar Kamprad, who originally founded the IKEA company in 1943. The INGKA Foundation exists mainly to keep IKEA firmly in the hands of the company.
Furthermore, the Ingvar Kamprad family comprises a majority of the members of the INGKA Supervisory Board.
The INGKA Group has also implemented a very important and useful anti-takeover protection scheme which protects the company from forced or voluntary takeover by a larger company.
Will IKEA be listed on the stock market?
At this point, it’s very unlikely. IKEA is a fully private company and all shares and shares are held exclusively by the INGKA Foundation, which is made up of the family and other representatives of the Foundation.
IKEA is also very reluctant to allow the company to be taken over by a larger company or other larger regulator. The INGVAR Foundation has therefore implemented an anti-takeover protection plan to prevent this from happening.
Can you buy IKEA stock?
Participating in the stock market and buying stocks has become easier over the past few years through apps like eToro, Robinhood, and Acorns that allow absolutely anyone to access the market.
However, due to IKEA’s corporate structure, it was not possible to purchase any number of IKEA shares, as it was held exclusively by the INGKA Foundation, which prevented the company from being sold or listed.
Are there any IKEA competitors in the stock market?
Since IKEA is not publicly traded on the stock market, many stock market investors look to its closest competitor for a worthwhile investment.
Some of IKEA’s closest competitors that trade on the stock market include:
- This is one of the most valuable companies in the stock market. Amazon’s focus on selling just about anything you can imagine and selling it at a very good value has made them a very profitable company. It’s possible to buy Amazon stock, but it can be quite expensive.
- Much like Amazon, Walmart sells a wide variety of items in-store and online, including furniture, which is the basis of IKEA’s entire marketplace. Also, much like IKEA, Walmart sells its products at premium prices, making them easily affordable and thus profitable.
- Wayfair is an online store specializing in home decor items. Wayfair sources from thousands of suppliers around the world, making it a great place to shop for all kinds of furniture. Wayfair is publicly traded on the stock market, so it could be a strong alternative to IKEA!
To learn more, you can also check out my guide on IKEA statistics and trends, as well as IKEA’s competitive advantages. Additionally, you can also check to see if you can buy Aldi shares.
in conclusion
IKEA has not been listed on the stock market since the company was first founded by Ingvar Kamprad in 1943. That’s because the company is firmly controlled by the INGKA Foundation, established in 1982 by IKEA founder Ingvar Kamprad.
The INGKA Foundation prevents a hostile takeover of the company, which means that the company will be fully owned by the Foundation for the foreseeable future.
