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 ?
'And we strongly believe that they need a business solution but we are in no position to dictate or say anything because we are no longer the majority shareholders. So I think Utusan's board of directors should determine what needs to be done,' said Annuar.
"When put together, the majority shareholders - and we're talking about Robert Earl, Jon Woods and Bill Kenwright - were the only places, until recently, he was picking up his shares from.
MAJORITY shareholders of Forte Oil PLC have approved plansby Nigerian oil mogul, Mr Femi Otedola, to acquire the power subsidiary of the company
US-based insurer Prosperity Life Insurance Group, LLC's current majority shareholders, including funds managed by Reservoir Capital Group, LLC and Black Diamond Capital Partners have closed the sale of 100% of their ownership interests in Prosperity to an investment partnership, the company said.
"We believe the completion of this sizable equity financing, and the Apollo Funds becoming majority shareholders, are a significant milestone for Catalina.
Aston Villa, Barnsley, Stoke, West Brom, Bristol City and Preston all have owners or majority shareholders with estimated wealths in 10 figures.
The committee chaired by Kitui South MP Rachel Nyamai said the majority shareholders - Stephen Mwagiru , Hans Jochum Ham and Vimal Shah should appear before it to shed light on reported disagreements with the local directors.
Ian Blackford said: "At most AGMs, businesses answer to their shareholders - but in this case the majority shareholders seem to have no interest in holding RBS to account.
Ltd, a joint venture in China between majority shareholders Spirit AeroSystems Global Customer Support and Services and The Haeco Group, the company said.
Global Banking News-March 15, 2018--Prosperity Life acquired by majority shareholders
Of the total $4.7 million deferred purchase consideration owed to the former majority shareholders of Allenex AB, approximately $2.0 million was due by December 31, 2017 and was to be paid in 1.8 million shares of common stock, pending stockholder approval.
Former Swans directors Stephen Penny and Donald Keefe lost their positions on the club's board in the wake of last summer's takeover by majority shareholders Steve Kaplan and Jason Levien.