Bearer Shares, Registered Shares
Owning shares in a corporation entitles the shareholder to view corporate
information, such as its earnings and other details; to benefit from the
corporation’s dividends; and to express views about the direction of the
corporation’s future by voting on issues during shareholder meetings.
There are two kinds of shares:
- Registered shares simply mean that the shareholder’s name is registered
with the corporation and therefore known to all its financial officers and
the board of directors.
- Bearer shares are purchased through a third party, thereby keeping the
shareholder’s name and information from the issuing corporation. In essence,
the holder of bearer shares has invested anonymously.