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 PSE changed this year's Bell Awards format to honor publicly listed companies and trading participants which excelled in specific areas of corporate governance.
Audit Committee Independence: At least one member of the audit committee is required to be independent of both the management of the publicly listed entity and the auditor in 100 per cent of responding jurisdictions, and 76 per cent of jurisdictions require a majority of audit committee members or all audit committee members to be independent.
A new law enforcing tougher transparency standards for Germany's top managers of publicly listed corporations remains a bone of contention.
said 68 publicly listed companies would be affected by the SEC's decision to double the minimum public ownership for listed companies to 20 percent from 10 percent at present.
A number of cable producers in Indonesia - including publicly listed ones - are being eyed by five strategic investors.
The Securities and Exchange Commission will require publicly listed companies to keep a minimum public ownership of 20 percent, doubling the existing public float requirement, citing the need to deepen the domestic capital market, diversify investor base and raise the bar for corporate governance.
NewMarket is in the final stages of acquiring controlling interest in Diamond I, Incorporated (OTCBB:DMOI) to create a publicly listed Broadband Wireless Technology subsidiary.
NewMarket Acquires Majority Interest in Publicly Listed Paragon Financial Corporation in Reverse Merger of NewMarket Brazilian Subsidiary
The Securities and Exchange Commission has issued a new corporate governance code for publicly listed companies that includes rules setting a nine-year term limit for independent directors, mandates protection for whistle-blowers and incorporates anticorruption measures.
Orica is a publicly listed Australian company operating in over 50 countries with annual sales of about US$3 billion.
The Philippine Stock Exchange (PSE) has honored five publicly listed companies led by the Ayala, Sy, Aboitiz and First Pacific groups along with five stock brokerage houses for exemplifying excellence in corporate governance.

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