primary shares

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Primary Shares

Shares traded in the primary market. That is, a primary share is a share traded when the seller is the issuer. Thus, the money the buyer pays for a primary share goes directly to the company the share represents.

primary shares

Shares in a stock offering in which proceeds go to the issuing company. Primary shares have not been previously traded and are not included in shares outstanding prior to the offering. Compare secondary shares.

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secondary shares

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Out of this sum, secondary shares worth 9 billion rubles held by existing shareholders will be sold through MICEX (CYPRUS) LIMITED, while primary stocks worth 6 billion rubles will be sold through MICEX-Finance LLC.

UFS Investment Company - Moscow Exchange - IPO, Feb 12, 2013

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