3 ms·
What’s the reason of acquiring 9,88% instead of 10%?
by Alifatisk 4y ago
What’s the reason of acquiring 9,88% instead of 10%?
- safeimp 4y agohttps://www.investopedia.com/terms/p/principal-shareholder.asp https://www.investopedia.com/terms/p/principal-shareholder.a... Pasting the key takeaways portion: > - A principal shareholder is a person or entity that owns 10% or more of a company's voting shares. > - Principal shareholders have significant influence over a company, allowing them to vote on appointing the (CEO) and board of directors. > - A principal shareholder is different from a majority shareholder, which is a person or entity that owns 50% or more of a company's shares. Principal shareholders are subject to special Securities and Exchange > - Commission (SEC) filing rules that pertain to insider trading.