Question
exchanges and that its ownership is distributed among general public shareholders rather than being privately held. Shareholders of common stock often have , which allow
exchanges and that its ownership is distributed among general public shareholders rather than being privately held. Shareholders of common stock often have\ , which allow them to purchase additional shares before\ the company offers them to the public, thus maintaining their proportional ownership in the company. The total number of shares that a company is legally allowed to issue is known as authorized shares, a figure that is established in the company's charter and can only be changed with shareholders' approval. The shares that have been issued to and are held by the investors, excluding any shares bought back by the company, are known as outstanding shares. Any shares that a company repurchases or buys back from its shareholders are referred to as [\ and these do not confer voting rights or the right to dividends\ is a document that a\ publicly-owned company is required to provide to shareholders prior to shareholder meetings, detailing the agenda of the meeting and material information related to voting matters, including the election of the board of directors, approval of compensation, auditor information, and any shareholder proposals. It serves as the main communication tool for soliciting shareholder votes and informing them about important governance issues.
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