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.