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 ?
Celtic is a small, publicly held company that does not file reports with the Securities and Exchange Commission ("SEC").
TEL is a publicly held company listed on the Tokyo Stock Exchange.
In assuming the CFO position, Wyatt, 52, will be responsible for many of the new roles that Sara Lee Branded Apparel Americas/Asia will be required to have as an independent, publicly held company.
Sara Lee Corporation announced earlier this year that it intends to spin off Sara Lee Branded Apparel into an independent, publicly held company in 2006, and Sara Lee Branded Apparel said it anticipates adding positions over the next nine months to staff new functions required after the spin-off.
a publicly held Company since 1984, was the first to develop the wireless modem and receive the United States and Canadian patents for the technology and has established the ESTeem wireless modem products as a standard for industrial control, federal applications and public safety applications in over 7,000 wireless radio networks worldwide.
Joe Company, a publicly held company based in Jacksonville, is one of Florida's largest real estate operating companies.