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For most of its history, Royal Mail has been a public service, operating as a government department or public corporation . However, following the Postal Services Act 2011 , [3] [4] a majority of the shares in Royal Mail were floated on the London Stock Exchange in 2013. The UK government initially retained a 30% stake in Royal Mail, [5] but sold its remaining shares in 2015, ending 499 years of public ownership. [6] It is a constituent of the FTSE 250 Index .


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