Public company

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Related to Publicly owned company: Publicly traded companies

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 ?
WFS Financial is a publicly owned company whose common stock is traded on the Nasdaq Stock Market under the symbol WFSI.
Knight Transportation, a publicly owned company since 1994, currently has 18 regional dry van operations centers located throughout the United States and one temperature controlled subsidiary located in Phoenix, Arizona.
Knight Transportation, a publicly owned company since 1994, currently has 17 operating centers located throughout the United States.
Created by the Legislature in 1914 as the State Industrial Accident Commission, it was converted in 1980 to a self-supporting, not-for-profit, publicly owned company.
a publicly owned company that manufactures and distributes aircraft parts and provides logistics and supply-chain management services to the aviation industry.