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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Founded in 2005, Phoenix-IR is a European-based investor relations consulting firm specializing in Targeting, Roadshows and Perception Research services for publicly listed companies.
In many jurisdictions, the audit committee of a publicly listed entity plays a key role in appointing external auditors and overseeing the financial reporting process and external audits.
Investors holding 10 per cent or more shares in a parent company, subsidiary, or affiliate of a publicly listed company must also make similar disclosures.
"Virgin Australia is currently in the process of a capital raising, which is a standard way that publicly listed companies raise funds.
Reding was extremely enthusiastic about the adoption, on 14 November, of a draft directive to help bring about parity on boards of directors in publicly listed companies (COM(2012)614).
BP is to take a near-20 per cent stake in what will become the world's largest publicly listed oil producer as part of a PS16.7 billion deal.
Summary: BP is to take a near-20 per cent stake in what will become the world's largest publicly listed oil producer.
- Director of ERA Ltd, Australia's largest publicly listed uranium producer
At the same time, on its first day as a publicly listed company Maurel & Prom Nigeria saw its shares up to EUR2.69 (USD3.50) from an indicative reference value of EUR2.08.
Malaysia Airlines System Bhd took the Best Practice Award in the publicly listed category, while Digi Communications Sdn Bhd won in the non-listed category.
demand for motor fuels has depressed prices and margins, and last year VeraSun Energy, once the largest publicly listed U.S.
While the New York Stock Exchange has already established this requirement for its listed companies, a comparable mandate should be put in place for all publicly listed firms.

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