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Shopify Investor Relations – Contact Info & Investor Resources

Shopify Investor Relations – Contact Info & Investor Resources

Shopify Investor RelationsShopify Investor Relations Group manages the information flow between the firm, the financial community, shareholders, and other stakeholders. The Investor Relations Team must effectively utilize finance, communications, and marketing strategies to inform investors and analysts. The team serves as a major information resource to the investment community. They publish quarterly financial figures, historical performance, substantial technical data, strategic direction, and Shopify’s Mission narrative.

Shopify is one of the world’s leading e-commerce platforms. The company offers a business-in-a-box for sellers and an exciting shopping venue for consumers. Its proprietary e-commerce platform provides a unique experience for both sellers and buyers. The company offers a complete commerce platform that lets users start, grow, and manage a business. Users create and customize an online store, then sell in multiple places.  For example, web, mobile, social media, online marketplaces, brick-and-mortar locations, and pop-up shops. Shopify is a Canadian firm founded in 2006, with headquarters in Ontario, Canada

On June 29, 2022, Shopify executed its 10-for-1 stock split. Many investors likely expected the event to spark a resurgence, but, so far at least, that is not the case. Of course, the true impact may take time to manifest. Splits make equities more affordable to regular investors by lowering the share price. However, low market sentiment and high inflation may be keeping many investors away for the time being. Regardless, stock splits have no effect on key measures such as sales or cash flow.  Nor, do they change a company’s fundamental value.

Shopify Investor Relations – Contact Information

The Shopify Investor Relations online portal lets investors quickly find essential information to assist them.  The company directly connects to its most current news releases, earnings reports, investor events, and other useful tools for investors.

How to Buy Shopify Shares

Shopify does not have a direct stock purchase plan for non-employees. As a result, there are two main ways to invest in Shopify (NYSE ticker: SHOP).

Purchase Shares with a brokerage account

To purchase Shopify shares, you must first open an account with an online brokerage or investment app. Fees and account minimums vary depending on the platform, so do your homework before signing up.  However, in just a few minutes, you can open a brokerage account online. Each brokerage firm has its unique price structure.  So, before opening an account, compare projected charges, such as online trading fees. Some brokers have high minimum investment requirements but offer free analytical tools.  Others have low minimum requirements and offer trades with no fees. Once you select a broker and fund your account you can begin investing your money.

You can buy individual stocks if you want to buy only Shopify shares. Shopify trades on the NYSE Stock Exchange with SHOP as the company’s ticker symbol.  In your brokerage account, go under the buy or trade section. Next, input Shopify’s ticker symbol (SHOP), and list how many shares you want to buy. Wealth advisors recommend that you limit your investment in any individual equity to 5% to 10% of your whole portfolio. Then, you won’t lose your entire investment if the value of Shopify’s stock decreases. Wealth managers recommend diversification for long-term wealth preservation and stability.

Invest in mutual funds, index funds, and ETFs that hold Shopify Stock

Individual stock purchases might be considered risky. Therefore, there is greater security in diversifying your portfolio.  However, in order to properly diversify, you’d have to investigate and purchase stocks from 30 to 50 different companies.  Obviously, this can be time-consuming and expensive. However, investing in mutual funds, index funds, or exchange-traded funds (ETFs) rather than individual stocks is another alternative to explore. With these types of investments, you can invest in hundreds of companies at once.

With a mutual fund, if one firm underperforms, you will not lose your entire investment.  The other companies in the fund will help offset such losses. Shopify is included in many funds. For example, below are listed the top mutual funds that hold Shopify stock with the number of shares they own (as of September 2022):

  • American EuroPacific Growth Fund – 29 million shares
  • Vanguard Total Stock Market Index Fund – 15 million shares
  • American Funds Growth Fund – 13.8 million shares
  • Government Pension Fund – 11.3 million shares
  • Vanguard US Growth Fund – 10.3 million shares  (Source: money.cnn.com investor.vanguard.com)

Shopify Investor Relations Salaries

Shopify Investor Relations Personnel – On average, Shopify Investor Relations personnel earn an estimated $58,949 annually. Shopify’s Investor Relations compensation is $22,982 less than the average for an Investor Relations agent in the USA.  However, the Communications Department at Shopify earns $2,151 more on average than the Enterprise Risk Department. Investor Relations nurture and enhance shareholder relationships.  Not only between the firm and its shareholders but the general financial community as well.

All parts of an organization’s investor relations policies, objectives, and initiatives must be planned and directed. According to comparably.com, The majority of Investor Relations at Shopify believe they’re compensated fairly. For instance, 17% of Investor Relations at Shopify say they receive annual bonuses.  And, the vast majority (86%) are satisfied with their benefits. (Source: comparably.com)

Do Other Companies Have Investor Relations Departments?

In 2002, the Sarbanes-Oxley Act was passed.  It is otherwise known as the Public Company Accounting Reform and Investor Protection Act.  The legislation drastically increases how much publicly traded companies are required to report financial and trading information. In turn, this increases the necessity for public corporations to establish internal divisions dedicated to investor relations.  Investor relations proactively promote corporate stewardship and proper corporate governance.  Examples include Home Depot Inc., American Express CompanyWalt Disney Company, SoFi Technologies, and Microsoft Inc.

Frequently Asked Questions

Does Shopify have a direct stock purchase or sales plan?

Shopify does not have a direct stock purchase plan for non-employees.  Also, there is no share buy-back program in place at this time. Small shareholders wishing to liquidate their holdings at a modest expense should consider selling the shares through one of the low-cost internet brokerage services.

What symbol and exchange(s) do Shopify shares trade under?

When was Shopify founded and when did the company go public?

Shopify’s initial public offering occurred on May 20, 2015. The stock began trading on the New York and Toronto stock exchanges on May 21, 2015. The IPO closed on May 27, 2015.

When did Shopify complete its share split?

“Shareholders of record as of the close of business on June 22, 2022, received from the Company’s registrar and transfer agent on June 28, 2022, nine additional Class A subordinate voting shares or Class B multiple voting shares, as applicable, for every one share held, with ex-distribution trading in the Class A subordinate voting shares on a split-adjusted basis commencing on June 29, 2022.”

(Source: investors.shopify.com)

Up Next: Square Investor Relations – Contact Info & Investor Resources

Square Investor RelationsSquare Investor Relations Group manages the information flow between the firm, the financial community, shareholders, and other stakeholders. The Investor Relations Team must effectively utilize finance, communications, and marketing strategies to inform investors and analysts. The team serves as a major information resource to the investment community. They publish quarterly financial figures, historical performance, substantial technical data, strategic direction, and Square’s Mission narrative.

However, Square, Inc. announced in 2021 that its name will be changed. The name of the company as a corporate entity going forward will be Block Inc. The Square brand has grown synonymous with the company’s Seller business.  They offer an integrated ecosystem of commerce solutions, business software, and financial services to sellers.  The name change allows the Seller business to own the Square brand for which it was developed. In the bigger picture, the name change to Block recognizes the company’s expansion. Since its inception in 2009, the company has added Cash App, TIDAL, and TBD54566975 as subsidiaries.  The name change recognizes the growth and allows for further expansion.

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