Shares and shareholders
When a company is created, the president holds all of its shares. People who hold shares (shareholders) can receive dividends.
Good to know
- A company starts with 100 shares issued. For Limited (Y.K.) and LLC (G.K.) companies, shares are called “units” (of investment).
- What the president can do: issue more shares or reduce them, pay dividends, and hand over the presidency.
- Dividends pay out company funds in proportion to holdings. They count as income for those who receive them.
- You can give your shares to people or companies from “Business” → “Holdings”.
- You can also sell them for a price. The shares move when the other side pays (the buyer pays the 1% fee). If the price is 0, they are given right away.
Shares held by companies
- In “Give / sell”, enter a company ID (3 digits) as the recipient, and the shares become that company's holdings.
- A company can also hold its own shares (treasury shares).
- Dividends on shares a company holds go into company funds. However, treasury shares get no dividends (the other shareholders share them).
- The president can give or sell the company's holdings from “Company holdings” in “Holdings”. The money goes into company funds.
- Offers sent to a company can be accepted by paying with company funds.
- When another company holds more than half of the shares, the company becomes a “Subsidiary”. Treasury shares are not counted.
- Parent companies and subsidiaries are shown on the company page.