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 ?
compete existing airlines look to those where currently no provision - of course, any routes operated by a publicly-owned airport would be based at Cardiff Airport, but long-term who is to say that a state-owned Welsh airline - like Emirates - couldn't operate from other airports at some future stage.
News of the plans for the 18% of England's forests that are publicly-owned had caused widespread consternation, with fears rife that well-loved woodlands would come under threat from golf courses and holiday parks or be cut down for timber, and that the public would lose access to forests.
Campaign groups say turning the publicly-owned RBS into the Green Investment Bank would save money and also provide a model of sustainability for the rest of the banking sector
The value of publicly-owned buildings like libraries are social, educational and cultural, and the cost is what the public think they are worth in those terms, not those of the marketplace.
Under the program, the company has completed five separate building acquisitions for its own account and has structured several sale/leaseback joint venture transactions involving Cambridge clients and a publicly-owned real estate investment trust.
Transport Secretary Lord Adonis said he had set up a publicly-owned company which will take over the East Coast line when National Express ceases to operate the franchise - probably later this year.
Measures will include acqui-sitioning hundreds of disused publicly-owned sites for new homes and a system to ensure that major building programmes are waved through more quickly.
Its twin, publicly-owned home stages in Edmonton and Calgary were closed for renovation.
The sale - in November last year - caused controversy as protesters claimed that the property was a publicly-owned assetThe Factory (Tuesday, BBC1, 9.30pm) looks at the 1981 industrial action taken by 250 workers at the Lee Jeans factory in Greenock who won the right to buy-out the plant after they staged a sit-in
It said that all airlines and publicly-owned airports could now be forced to make similar repayments, and that the ruling would prevent publicly-owned airports competing with privately-owned ones.
Buses for the publicly-owned JUTC started running on the eastern routes in Kingston last February in the first phase of a Government program to regularize the public transportation system.
Premark is a publicly-owned company engaged in the design, manufacture, distribution and service of commercial food equipment, refrigerating, cooking, baking, weighing, wrapping and preparing of food.