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Primary Shares

   Also found in: Wikipedia 0.01 sec.
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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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.
In addition, if and when the SEC declares this shelf registration effective, the Company may, from time to time, in one or more offerings and at prices and on terms to be determined at the time of an offering, if any, offer for sale up to thirty five million (35,000,000) primary shares of common stock.
NASDAQ: LCUT) announced today that it has filed a registration statement with the Securities and Exchange Commission in connection with a proposed public offering of 2,500,000 shares of common stock, consisting of 1,500,000 primary shares and 1,000,000 secondary shares.
 
 
 
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