Majority shareholder

Majority shareholder

A shareholder who is part of a group that controls more than half the outstanding shares of a corporation.

Majority Shareholder

A person or company that owns 50% plus one of the stock in a publicly-traded company. This allows the majority shareholder outright control of the company's operations, especially the election of its board of directors. Some majority shareholders are not involved in the daily operations of the company, but most are. Indeed, the majority shareholder is often the company's founder. See also: Parent company.
References in periodicals archive ?
the majority shareholder of Asia Pacific Gold Mining Investment Ltd.
SCA has completed its offer for the Chinese tissue manufacturerVinda and is now the majority shareholder with 59.
Summary: The majority shareholder in tour operator Thomas Cook has filed for insolvency.
The plaintiff in the Stilwell case sued to prevent the majority shareholder from voting in favor of proposed equity compensation plans.
10 /PRNewswire-FirstCall/ -- BIH Corporation's (Pink Sheets: BIHC) Board of Directors met yesterday and has approved a dividend payment subject to approval from the company's President & CEO and Majority Shareholder.
SOUTHAMPTON travel to Bristol City tomorrow buoyed by the news that the club have entered into negotiations with "a major UK-based investment company" to become their majority shareholder.
Letter Ruling 200243001 presents a wealth-transfer strategy for a majority shareholder of a closely held corporation (CHC) that has an employee stock ownership plan (ESOP) as a minority shareholder.
His former partner, the majority shareholder, effectively froze him out of all the company's affairs, relying on the commonly held assumption that a majority shareholder carries the casting vote in all matters.
Audax Group, New York and Boston, is the majority shareholder of the new company, while Nash shareholders retain a significant ownership stake.
Obviously, when a majority shareholder redeems sufficient stock so that he or she no longer holds a controlling interest, this criterion is fulfilled.