Shareholders

A weekly updated list of Top 20 largest Shareholders of Borregaard. Updated every Monday.

As of 14 July 2025, Borregaard had 9 925 shareholders, and 43.9% of the capital was held by foreign investors.

The largest foreign shareholdings (per citizenship) are in the UK+ Ireland 12.9%, The Netherlands 7.2%, USA 6.3%, and Luxembourg 5.7%.

The shareholder list below is based on the Norwegian Central Securities Depository’s share register.

	Shareholder		Number of shares	% of capital
1	FOLKETRYGDFONDET		12498284	12.49828
2	MUST INVEST AS		7132755	7.13276
3	The Bank of New York Mellon SA/NV	Nominee	6455000	6.45500
4	VERDIPAPIRFOND ODIN NORGE		2698279	2.69828
5	PARETO AKSJE NORGE VERDIPAPIRFOND		2497040	2.49704
6	The Bank of New York Mellon SA/NV	Nominee	2276069	2.27607
7	Citibank Europe plc	Nominee	1728510	1.72851
8	State Street Bank and Trust Comp	Nominee	1661371	1.66137
9	J.P. Morgan SE	Nominee	1540424	1.54042
10	BNP Paribas	Nominee	1401935	1.40194
11	JPMorgan Chase Bank, N.A., London	Nominee	1391877	1.39188
12	VERDIPAPIRFONDET KLP AKSJENORGE		1367970	1.36797
13	JPMorgan Chase Bank, N.A., London	Nominee	1347261	1.34726
14	VERDIPAPIRFONDET ALFRED BERG GAMBA		1329145	1.32915
15	VERDIPAPIRFONDET STOREBRAND NORGE		1266976	1.26698
16	J.P. Morgan SE	Nominee	1259672	1.25967
17	The Northern Trust Comp, London Br	Nominee	1247375	1.24738
18	VERDIPAPIRFONDET DNB NORGE		1147449	1.14745
19	VERDIPAPIRFONDET KLP AKSJENORGE IN		1124786	1.12479
20	J.P. Morgan SE	Nominee	1059416	1.05942
			52431594	52.431594

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