primary shares

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Primary Shares

Shares traded in the primary market. That is, a primary share is a share traded when the seller is the issuer. Thus, the money the buyer pays for a primary share goes directly to the company the share represents.

primary shares

Shares in a stock offering in which proceeds go to the issuing company. Primary shares have not been previously traded and are not included in shares outstanding prior to the offering. Compare secondary shares.
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advised Jang Capital LLC on the acquisition of a minority stake in Haida Technologies Private Limited by way of primary share subscription.
If the transaction is completed, the new public company would be approximately 80% owned by Ivanhoe Energy on a primary share basis before giving effect to the exercise of outstanding warrants, options and contingent consideration granted to Ivanhoe Energy and assuming no China Mineral stockholders exercise conversion rights under its charter.
Lifetime intends to use the proceeds from the primary share offering to pay down debt outstanding under its revolving credit facility.
The offer will consist of 500 million primary shares and up to 75 million worth of secondary shares for overallotment, in case of excess demand.
US-based biotechnology company Agenus Inc (NasdaqCM:AGEN) stated on Wednesday that it has priced underwritten public offering of 19,335,653 primary shares of its common stock.
The transaction includes 24,253,987 of Class A shares, and an option for 30 days to purchase up to an additional 2,425,399 Class A shares; no primary shares are offered as part of the SPO.
The company targets the placement of 664m primary shares, from which it is expected to bag up to HKD16.
The bank is to float 11,500,000 primary shares with a face value of BDT100 each.
Following the exchange there were approximately 82m primary shares of common stock outstanding.
The offering is expected to include primary shares issued and sold by the company, as well as secondary shares to be sold by certain stockholders of Noveon International.
NEW YORK -- Duane Reade is proposing a public offering of approximately 7 million shares of common stock, consisting of about 4 million primary shares from the drug chain along with some 3 million secondary shares from stockholders.