Share: Difference between revisions
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imported>Doug Williamson (Classify page.) |
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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Its main features normally include: | 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 receive any dividends declared. | ||
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* [[Flowback]] | * [[Flowback]] | ||
* [[Issued share capital]] | * [[Issued share capital]] | ||
* [[Liquidation]] | |||
* [[Ordinary shares]] | * [[Ordinary shares]] | ||
* [[Preference shares]] | * [[Preference shares]] | ||
Revision as of 12:39, 17 December 2020
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.
