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Beneficial Owner
(redirected from Beneficial Owners)

   Also found in: Wikipedia 0.01 sec.
Beneficial Owner
As used for most purposes under the federal securities laws. A beneficial owner of stock is any person or entity with sole or shared power to vote or dispose of the stock. This SEC definition is intended to include a holder who enjoys the benefits of ownership although the shares may be held in another name.

Beneficial Owner
A person who has effective ownership of a security or other property without actually holding title to it. This especially refers to holding voter proxy or investment power over a share or transaction, whether directly or indirectly. See also: Double-dip lease.

beneficial owner
The owner of a security registered in another name. For example, investors often leave securities in trust with their brokerage firms. Although the brokerage firm is shown on the issuer's books as the owner of record, the investor is the beneficial owner.

Beneficial owner. When your stocks are registered in street name, the brokerage firm has title to the stocks but you are the beneficial owner, or the person who actually benefits from owning the stock.



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The SECP has also warned that it would take a strict penal action as provided in the law against those listed companies and their beneficial owners who fail to file their overdue returns of by October 31, and do not observe the prescribed time limitation in future for filing of the said returns, a statement of the Commission said.
4p each by the Fidessa group plc Share Incentive Plan on 25th May 2010, John Hamer, Chris Aspinwall and Andy Malpass, all directors of Fidessa group plc became the beneficial owners of 10 Fidessa group plc ordinary shares each and Stephen Barrow, a person discharging managerial responsibilities in Fidessa group plc, also became the beneficial owner of 10 Fidessa group plc ordinary shares.
The goal of the Summit is to present delegates with up-to-the-minute developments as faced by and as presented by Beneficial Owners.
 
 
 
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