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 ?
New regulations and public scrutiny over corporate integrity have ratcheted up the drive by publicly-held lenders to be as fully disclosed as possible," said Charles Perry, president of Environmental Warranty, Inc.
Prior to joining HBD in 2004, Smith spent six years with publicly-held Denison International plc (NASDAQ:DENHY), a $200+ million global manufacturer of industrial components that was acquired by Parker Hannifin (NYSE:PH) in 2004.
In addition, an SEC advisory has said that any publicly-held company is obliged to investigate whether it holds any contaminated real estate and to set aside funds for cleaning it up.
From 2001 to 2003 he was the controller for The Plastic Surgery Company, where he managed a variety of accounting functions for the publicly-held company with $40 million in revenue.
OTCBB:UWNK), a publicly-held digital entertainment company, today unveiled a new Marketing Partnership Program that gives sponsors direct access to uWink guests while they eat, drink and play at their tables via touch screen terminals.
OTCBB:UWNK), a publicly-held digital entertainment company, today announced that CEO Nolan Bushnell will participate in a panel discussion at the Multi-Unit Food Service Operators Conference (MUFSO) in Dallas entitled "Opportunities in Non-Traditional Media Marketing.