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A special and by far less common form of joint-stock companies, intended for companies with a large number of shareholders, is the publicly traded joint-stock companies, called allmennaksjeselskap and abbreviated ASA. A joint-stock company must be incorporated, has an independent legal personality and limited liability, and is required to have ...
A joint-stock company is a company owned by several, generally private, investors. They’re an in-between creation, held more closely than a public company but more widely traded than a partnership.
Example of an Aktie, with a nominal value of 1,000 ℛ︁ℳ︁. The German word Aktiengesellschaft is a compound noun made up of two elements: Aktien meaning an acting part or share, and Gesellschaft, meaning company or society. English translations include share company, or company limited by shares, or joint-stock company.
A public joint-stock company, abbreviated PJSC (Russian: Публичное акционерное общество, abbreviated Russian: ПАО) or open joint-stock company, abbreviated OJSC (Russian: Открытое акционерное общество, abbreviated Russian: ОАО), is a type of company in many successor states of the Soviet Union, particularly in Russia.
In a joint-stock company, the members are known as shareholders, and each of their shares in the ownership, control, and profits of the corporation is determined by the portion of shares in the company that they own. Thus, a person who owns a quarter of the shares of a joint-stock company owns a quarter of the company, is entitled to a quarter ...
There were two types of corporations at work in the Upper Canadian economy: the legislatively chartered companies and the unregulated joint stock companies.These two business forms had different legal standing; chartered corporations had a "separate personality" - they were a legal person quite distinct from its members or shareholders, a legal fiction which protected those shareholders with ...
A company may use a reverse split to push its stock price back over a certain threshold, typically $1 per share, in order to maintain compliance with an exchange’s rules. To raise the stock price.
For example, a company may be a "corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for any of the foregoing". [9] [10]