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 ?
(1) The base offer will consist of 50,000,000 existing ordinary bearer shares with no par value from the holdings of TRATON's sole shareholder Volkswagen ("Base Shares").
Therefore, VTG AG will issue 5,477,372 new no-par-value ordinary bearer shares with dividend entitlement as of January 1, 2018.
The EGM agreed that the company's shares be changed from bearer shares to shares registered to names, and consequently the articles of association be updated.
Connecticut, US-based private investment firm Starwood Capital Group has closed the acquisition of 25,690,163 bearer shares of Austria-based property company Immofinanz Group and four registered shares of Austria-based property company CA Immobilien Anlagen AG, representing approximately 26% of total issued shares of CA Immo, the company said.
NAB prosecutor claimed that Nawaz Sharif is real owner of London flats but ownership was kept hidden, as there was no record of transfer of bearer shares from Qatari Prince Hamad bin Jassim bin Jaber Al Thani to Hussain Nawaz.
In his arguments, Abbasi said the Qatari prince neither provided any proof of the loan settlement with the Al-Towfeek Investment Company nor the proof for the transfer of bearer shares certificates to Hussain Nawaz in 2006, as has been claimed by the accused.
'I never held Nielsen and Nescoll's bearer shares or registered shares certificate.
He also said, according to the witnesses whose statements were recorded, never said Maryam Nawaz ever held bearer shares of Nescoll.
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.
Process Consultants was owned through bearer shares. These share certificates indicate that whoever physically possessed the papers owned the company.
Antilles Corporation, which in turn is purportedly owned by three Panamanian corporations, with bearer shares. This means that the shares of this corporation can change hands any time, since they can be transferred, under the law of Panama, without previous registration on the books of the corporation.
<BDavid Cameron has faced intense pressure to detail his interests since the Panama Papers leaks included details of Blairmore Holdings - which used 'bearer shares' to protect investors' privacy