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Who owns Abbott Laboratories?

By Zippia Team - Sep. 14, 2022

The Vanguard Group, Inc. owns the largest amount of shares in Abbott Laboratories, but is one of many stakeholders in the company.

Here is a list of the top three Abbott Laboratories' company stockholders and their stake percentages:

  • The Vanguard Group, Inc. - 8.4%

  • Capital Research and Management Company - 8.3%

  • BlackRock, Inc. - 7.6%

Abbott Laboratories is one of the oldest and most successful pharmaceutical companies in the United States.

In 1888, physician and drug store proprietor Dr. Wallace C. Abbott began creating accurate, scientifically formulated medications with the goal of providing more effective therapies to patients and the physicians providing their care. Abbott is one of the founders of the scientific practice of pharmaceuticals.

Now, Abbott Laboratories is based in Chicago and produces a myriad of medical products. The company is known for its diagnostics, medical devices, nutrition products, and branded generic pharmaceuticals. Some of Abbott's most well-known brands are Pedialyte, Ensure, Similac, and Glucerna.

The aim of the company has always been to help people achieve the best health possible in all stages of their lives.

Who owns Abbott Laboratories?

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