bearer stock

(redirected from Bearer Shares)

Bearer Stock

A stock that contains no ownership information and whose physical bearer is presumed to be the owner. Bearer stocks may be bought and sold without endorsement. They are quite rare.

bearer stock

Securities ownership certificates that are not registered in a name. As with other bearer securities, bearer stock is a negotiable certificate that can be transferred between owners without endorsement. Bearer stock is popular in Europe but not in the United States.
References in periodicals archive ?
The base offering consists of 40 million existing ordinary bearer shares held by DWS's sole shareholder, DB Beteiligungs-Holding GmbH, a 100% subsidiary of Deutsche Bank and corresponds to 20 percent of DWS's existing share capital.
The bearer shares could be used to transfer assets completely anonymously and were favorite tools among money launderers.
Holders of bearer shares can also obtain the documents related to the meeting from their financial intermediary.
Nevis can form an IBC in less than 24 hours, and bearer shares are allowed though "discouraged.
Later in 2006, the accounts in relation to the above investment were settled between Mr Hussain Nawaz Sharif and the Al-Thani family, who then delivered the bearer shares of the companies [which owned the flats] to a representative of Mr Hussain Nawaz Sharif", the letter said.
Subject to final verification, the company said the voluntary public takeover offer for all no-par value bearer shares of Wincor Nixdorf has reached the minimum acceptance rate of 67.
NYSE: DBD) has commenced the voluntary public takeover offer for all no-par value bearer shares of German banking software, hardware and services firm Wincor Nixdorf Aktiengesellschaft, the company said.
24 [euro], divided into 257,437,779 no-par value bearer shares.
Whoever buys bearer shares of a non-listed public company should be required to identify him- or herself and report the purchase within one month.
TOUCH OF GLAMOUR Delhi 2010 medal bearer shares Scots swimmer Robbie Renwick's spotlight
For that purpose, HTI will issue up to 16 million bearer shares at a price of EUR 1 each.
The company plans to sell unsubordinated, unsecured bonds, convertible into no par value ordinary bearer shares of TAG.