Share

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Revision as of 12:39, 17 December 2020 by imported>Doug Williamson (Expand definition. Source: Thomson Reuters Practical Law https://uk.practicallaw.thomsonreuters.com/5-613-3685?transitionType=Default&contextData=(sc.Default)&firstPage=true#co_anchor_a980915)
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A share in a company is a proportionate ownership right in the company.


Its main features normally include:

- A right to a proportion of any residual assets of the company on a liquidation.

- A right to receive any dividends declared.

- A right to vote in general meetings of the company.

- An obligation to subscribe equity capital of a fixed amount per share.


Historically, shares were evidenced by paper certificates.

More commonly, they are now recorded in electronic form.


See also