Royal Mail staff have received the final 1% of shares in the now fully privatised company.
The move was originally announced in June and was completed yesterday as the government sold off the remainder of its stake in the postal service.
Royal Mail employees now own approximately 12% of the business.
The final part of the sale £591.1m taking the total earned from selling off the business to £3.3bn.
However, the process was plagued with complaints about how it was handled and claims that the then coalition government under-valued it.
Shares were initially sold at £3.30 each, which quickly soared in value to over £5 each. They have now eased off to around £4.50 each.
Employees will have to remain with Royal Mail for a minimum of three years to collect their part of the gift.
Business Secretary Sajid Javid said: "We have delivered on our promise to sell the government's entire remaining stake which means that for the very first time the company is now wholly owned by its employees and private investors. This is the right step for the Royal Mail, its customers and the taxpayer.
"Proceeds will also go to help pay off the national debt - a crucial part of our long term plan to provide economic security for working people."
Chancellor George Osborne added: "Once again, we are also going to recognise the hard work of the staff who have done a great job in turning the company around, and give them a 1% stake to share between them."
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