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Obviously yes.
Well not so obviously, it used to be illegal. I would like to learn the history of how it became legal for one corporation to own another corporation.
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∙ 13y ago
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Why would a corporation repurchase its own stock?
A corporation might repurchase its own stock in order to invest in itself. This allows the company to retain ownership of itself.
Why would a corporation purchase its own stock?
To keep from being taken over by another corporation or even an individual, If you own 51% of the stock for A company, you in essence OWN IT>its true that a corporation would buy its own stocks which referred as " Treasury stocks" for not being taken by others ... but also this acquisition decreases its total asset and total equity. besides we shouldn't forget that its a contra stockholder equity account.
Can individual own a corporation?
Most corporations are owned in whole or in part by individuals. When you buy shares of common stock, you become a partial owner of a corporation. There is no reason why one individual can't own 100% of the shares of a given corporation.
How does a corporation properly account for the repurchase of its own shares from a shareholder?
Those shares are shown as a contra-account in the Equity section of the Balance Sheet called Treasury Stock.
Does the Sara Lee Corporation own Hillshire Farms?
The Sara Lee Corporation owns Hillshire Farms
Why would a corporation repurchase its own stock?
A corporation might repurchase its own stock in order to invest in itself. This allows the company to retain ownership of itself.
Can a ceo buy stock from his own corporation?
Yes.
Who are the shareholders of a corporation?
The people who buy stock and own the company.
Why would a corporation purchase its own stock?
To keep from being taken over by another corporation or even an individual, If you own 51% of the stock for A company, you in essence OWN IT>its true that a corporation would buy its own stocks which referred as " Treasury stocks" for not being taken by others ... but also this acquisition decreases its total asset and total equity. besides we shouldn't forget that its a contra stockholder equity account.
Can a corporation be a shareholder of another corporation?
Yes. One legal entity can own shares in another legal entity just as an individual can have ownership.
What were shareholders of a corporation?
People who buy stock and own the company.
Does Warren Buffet own controlling stock in the Torchmark corporation?
NO
Who are shareholders of a corporation?
The people who buy stock and own the company.
Can individual own a corporation?
Most corporations are owned in whole or in part by individuals. When you buy shares of common stock, you become a partial owner of a corporation. There is no reason why one individual can't own 100% of the shares of a given corporation.
Can corporation be a stockholder in a corporation?
Yes, a corporation can be a stockholder in a regular C corporation. A common form of this is called a "holding company" but other types of companies regularly buy stock in other companies too. However, a corporation cannot own stock of an "S" type corporation. Only actual people can own shares of an S corporation.
You are a part owner of NewBrands Corporation because you _____.?
own the company’s stock
Can a corporation buy all of its stock?
Sometimes a single stock-holder buys all the stock of a particular corporation, but the corporation itself would not buy all of its own stock and become self-owned, because, after all, a corporation is just a legal structure, there is no actual self. A corporation owned by itself is owned by nobody, and that would be pointless.
