Public company

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Public Company

A company that has held an initial public offering and whose shares are traded on a stock exchange or in the over-the-counter market. Public companies are subject to periodic filing and other obligations under the federal securities laws.

Public Limited Company

A primarily British term for a publicly-traded company. The term derives from the facts that the company issues shares that may be bought and sold by the general public and all shareholders have limited liability.

Publicly-Traded Company

A company issuing stocks, which are traded on the open market, either on a stock exchange or on the over-the-counter market. Individual and institutional shareholders constitute the owners of a publicly-traded company, in proportion to the amount of stock they own as a percentage of all outstanding stock. Thus, shareholders have final say in all decisions taken by a publicly-traded company and its managers, especially through its annual shareholders' meeting. Publicly-traded companies have greater access to financing than other companies, as they have the ability to issue more stock. However, they are subject to greater regulation: for example, they must file 10-K reports with the SEC on their earnings and they are more likely to be subject to corporate taxes. A publicly-traded company is also called a public company.

Public company.

The stock of a public company is owned and traded by individual and institutional investors.

In contrast, in a privately held company, the stock is held by company founders, management, employees, and sometimes venture capitalists.

Many privately held companies eventually go public to help raise capital to finance growth. Conversely, public companies can be taken private for a variety of reasons.

References in periodicals archive ?
The publicly held company wants to emphasize that the stock split is only for shareholders of record on September 1, 2003 in New Paltz Capital Corporation, the publicly held company.
We're pleased with the settlement, which allows us to focus on our future growth and the spin-off of Edina Realty and Equity Title into a publicly held company, while avoiding the time and expense of protracted litigation," said Ron Peltier, president of Edina Realty.
a publicly held company established to manage the 57,000-acre land grant for the heirs - to community developer SunCal Companies and a member of the D.
became a publicly held company in February 1982 and reflects an increase of six percent from the prior dividend.
Joe Company (NYSE:JOE), a publicly held company based in Jacksonville, is one of Florida's largest real estate operating companies.
responsible for all accounting and SEC financial reporting functions of this subsidiary of a publicly held company that operates in the Rocky Mountain region.
a publicly held Company since 1984, was the first to develop the wireless modem and receive the United States and Canadian patents for the technology, has established the ESTeem wireless modem products as a standard for industrial control, federal applications and public safety applications in over 7,000 wireless radio networks worldwide.
Last year, Sara Lee announced its intent to spin off as an independent, publicly held company its Americas/Asia apparel business, Sara Lee Branded Apparel, a move that is expected to be completed between June and September, 2006.
Buckeye has committed to an acquisition schedule and has already begun to acquire residential service companies, with plans to become a significant player in the HVAC (heating, ventilation and air conditioning) and plumbing sectors by providing many small- and mid-sized local and regional operators with the opportunity to become part of a growing national conglomerate that is a publicly held company.