Share: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Add link.)
Line 35: Line 35:
* [[Ordinary shares]]
* [[Ordinary shares]]
* [[Preference shares]]
* [[Preference shares]]
* [[Residual assets]]
* [[Security]]
* [[Security]]
* [[Share capital]]
* [[Share capital]]

Revision as of 16:47, 4 January 2021

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