bearer stock

Bearer Stock

A stock that contains no ownership information and whose physical bearer is presumed to be the owner. Bearer stocks may be bought and sold without endorsement. They are quite rare.

bearer stock

Securities ownership certificates that are not registered in a name. As with other bearer securities, bearer stock is a negotiable certificate that can be transferred between owners without endorsement. Bearer stock is popular in Europe but not in the United States.
References in periodicals archive ?
At present, Novartis owns a third of Roche's bearer stock.
6 September 2010 - Independent Research lowered today the share price target on Roche's (VTX: ROG) bearer stock to CHF185 from CHF200 but kept its "buy" advice after the company launched a cost cutting programme on Friday.
Since bearer stock cannot be legally sold to investors in the U.S., the satellite relationship needed for a liquid secondary market in the stock would not exist.
This added to the buyera[euro](tm)s 31.32% stake already owned before announcing the buyout offer for the rest of Escora[euro](tm)s listed bearer stock in September.
16 September 2011 - Swiss film and home entertainment company Highlight Communications (ETR:HLG) unveiled on Friday a CHF17.50 (USD20.1/EUR14.5) per share offer to buy out the rest of the listed bearer stock of slot machines and games developer Escor Casinos & Entertainment (SWF:ESRI).