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  5. CSU: Do you have information on how many shares Constellation owns of each of Topicus and Lumine Group? [Constellation Software Inc.]
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Investment Q&A

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Q: Do you have information on how many shares Constellation owns of each of Topicus and Lumine Group? Also what percentage of the float do they own of each?
Asked by Bryan on May 12, 2025
5i Research Answer:

CSU owns 47.5% of TOI or about 59% of the float.

For LMN, CSU owns 61.5% on a fully diluted basis. Technically, CSU is not considered part of the float so CSU owns more than 100% of the available non-CSU owned shares.