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Certificate for a share in Kennet and Avon Canal Navigation, Great Britain, 1808. In corporate law, a stock certificate (also known as certificate of stock or share certificate) is a legal document that certifies the legal interest (a bundle of several legal rights) of ownership of a specific number of shares (or, under Article 8 of the Uniform Commercial Code in the United States, a ...
The first South African company legislation was the Companies Act [3] of 1926, which was based on the Transvaal Companies Act, [4] which was in turn based on the British Companies (Consolidation) Act 1908. The next major South African legislation in this area was the Companies Act [5] of 1973, which remained in force until 31 April 2011.
For example, when a company declares a stock dividend or stock split, the transfer agent issues new shares. Transfer agents keep records of who owns a company's stocks and bonds and how those stocks and bonds are held—whether by the owner in certificate form, by the company in book-entry form, or by the investor's brokerage firm in street name.
CDs and share certificates are useful when saving for a specific goal, such as a vacation fund. You can choose a term that aligns with the goal, so that the money becomes available when you need it.
The decision to issue shares in offshore jurisdictions is made by the company's director and at the same time the share certificate is issued. A share certificate is the main document certifying the rights of the shareholder, in which the statutory information is mandatory: name of the issuer, certificate number, the amount of the capital ...
From July 2009 to December 2012, if you bought shares in companies when James H. Hance, Jr. joined the board, and sold them when he left, you would have a -22.5 percent return on your investment, compared to a 54.5 percent return from the S&P 500.
From January 2008 to December 2012, if you bought shares in companies when Alain J.P. Belda joined the board, and sold them when he left, you would have a -53.5 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
From January 2008 to December 2012, if you bought shares in companies when Ray L. Hunt joined the board, and sold them when he left, you would have a -10.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.