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 SECP has further directed listed companies to transmit annual and quarterly financial statements in both 'PDF' and 'MS Excel' formats via email.
The SEC warned that non-compliance with the minimum public ownership requirement may result to publicly listed companies being subjected to the administrative sanctions provided under Section 54 of the Securities Regulation Code.
The PSE changed this year's Bell Awards format to honor publicly listed companies and trading participants which excelled in specific areas of corporate governance.
Saif Sayah Al Mansouri, head of Listed Companies at ADX commented, "The collaboration between ADX and its listed companies has always proved to be a productive one.
Failure or refusal of third parties to provide the required information to listed companies will result in listed companies' failure to comply with the regulations and render listed companies criminally, civilly, and administratively liable under the Tax Code and the Securities Regulation Code.
The Dubai Financial Market (DFM) noted on Sunday that all its listed companies, with the exception of Amlak Finance and Tamweel, which have been suspended indefinitely, have complied with the market's disclosure rules for the third quarter of 2009.
Oman had the lowest number of companies making it to the list with only five listed companies.
In a written request sent to the listed companies, the TSE asked them not to conduct stock splits resulting in one share breaking up into more than five shares at one time, TSE officials said.
Thus while surveys of aggregate corporate profits indicate that Japan's listed companies will record their second consecutive fiscal year of new historical highs in corporate profits (of 21% YoY for ordinary profit), the stock market had already discounted this peak in April of this year, which would makes sense because stock prices lead economic trends by about six months.
Mazars European IFRS survey results showed 73 percent of listed companies believed that applying IFRS would result in a greater degree of transparency, and nearly 79 percent of them think that IFRS will contribute towards making financial statements more reliable.
They hold large investments in other listed companies; many of them also are companies in the business of insuring the directors and officers of listed companies, not to mention the statutory auditors of listed companies.
Not only did the exchange stand tall in the days after September 11, it took the lead in setting exacting standards in corporate governance--at least for its listed companies.