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 ?
Publicly-owned East Coast paid the Treasury PS411m between 2009 and 2012 whilst Virgin's West Coast paid PS282m during the same period.
We have the democratic right to retain a publicly-owned ferry company and subsidise it as much as we think necessary.
Let's hope they''ll take note, and insist that the Government awards Nexus the pounds 300m currently promised to whoever wins the tender, on condition that it renames itself to acknowledge its publicly-owned status without equivocation.
Siciliano was the chairman and chief executive officer of publicly-owned BKF Asset Management and its parent company, BKF Capital Group.
F&L, LLP is owned by the original owners of Oblio, a market leader in prepaid telecommunications and the second largest publicly-owned company focused on the international prepaid telecommunications space.
Oblio, the second largest publicly-owned international telecommunications company focused on the prepaid space, leverages strategic agreements with Tier 1 telecommunications leaders Sprint and Level3.
NASDAQ:WASH), the publicly-owned holding company of The Washington Trust Company, headquartered in Westerly, R.
The California Municipal Utilities Association is a non-profit trade association of publicly-owned electric and water agencies throughout California.
There are 3,500 corporate members throughout the network, including most of America's largest publicly-owned, privately-owned and foreign-owned companies, as well as universities, hospitals and other buying institutions.
is the first and only publicly-owned professional sports League currently trading on the Over The Counter under the symbol USBL.
Lewis served as the head of global sales for Barra, a publicly-owned financial services/risk company that helps portfolio managers, brokers, banks and private investors manage their assets and financial risk.
Brian specializes in audit and financial consulting for publicly-owned and privately-held businesses, particularly in the manufacturing and oil and gas industries.