Publicly-Traded Company


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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.
References in periodicals archive ?
Industrial Bancorp was recognized as having the best profit margin of any Ohio publicly-traded company and also recognized as being one of the top ten performing banks in the State of Ohio, based upon return on assets.
2M investment in Synsorb - SYNSORB is a publicly-traded company (Toronto Stock Exchange: SYB; NASDAQ: SYBB), developing orally delivered gastroenteric products.
COMTEX is a publicly-traded company (NASDAQ - CMTX) based in Alexandria, VA.
For example, an investor in Boston who is tracking a small publicly-traded company in San Diego and notices unusual trading activity could, in seconds, review a story from that morning's edition of a Southern California metropolitan daily, even without having to know what sources to search.
In 1963, he founded the South African diamond exploration company which was eventually to grow into Trans Hex Group Limited, a publicly-traded company listed on the Johannesburg Stock Exchange and currently the largest independent South African diamond producer.