Majority shareholder

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Majority shareholder

A shareholder who is part of a group that controls more than half the outstanding shares of a corporation.

Majority Shareholder

A person or company that owns 50% plus one of the stock in a publicly-traded company. This allows the majority shareholder outright control of the company's operations, especially the election of its board of directors. Some majority shareholders are not involved in the daily operations of the company, but most are. Indeed, the majority shareholder is often the company's founder. See also: Parent company.
References in periodicals archive ?
M2 EQUITYBITES-March 26, 2019-SSH Communications Security announces updated board proposal to AGM by majority share holder
Global Banking News-March 26, 2019-SSH Communications Security announces updated board proposal to AGM by majority share holder
NORDIC BUSINESS REPORT-March 26, 2019-SSH Communications Security announces updated board proposal to AGM by majority share holder
Abraham has been the majority share holder of the NorthEast United, and he has now bought all the remaining shares from Shillong Lajong managing director Larsing Ming Sawyan.
DMCC is a majority share holder with a 67 percent stake in DGCX and is the licensing authority for the DMCC Free Zone.
According to the sovereign wealth fund's source, Sofia has agreed "to work with shareholders to provide a feasible working plan within a time frame of three months, as a substitute for the nationalization option".He stressed, however, that the plan did not necessarily include investing more money into the bank, and also that options such as diluting majority share holder Tsvetan Vasilev's stake, as well as boosting KTB managerial board with independent members, were also on the table.The prospect that the state could step into Credit Agricole Bulgaria, where "good" KTB assets are to be transferred, has divided opinions among Bulgarian lawmakers.
As a majority share holder, the Serbian government will provide part of the finances for the aircraft, while Etihad will secure the rest.
Controversial businessman Owen Oyston who owns Blackpool FC is the majority share holder in the firm, which produces The Lancashire Magazine and The Yorkshire Ridings Magazine.
In March, Mitsui pulled out from the project because of disputes over majority share holder issues and Pertamina said it will build the RFCC by itself.
8 the letter said, the date when its majority share holder, International Petroleum Investment Corp (IPIC), purchases all shares tendered during the offer period.
Adraft letter on the website says: "We find this totally unacceptable and, as the British public is the majority share holder in RBS, westrongly insist you think again or we may consider closing your personal account for good."
Cerberus Capital Management LP, majority share holder in Chrysler, is interested in seeking a partner for the United States-based automaker.