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Public limited company

Updated: 6/18/2021
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A Public Limited Company (PLC) is a separate legal business entity that offers its shares to be traded on the stock exchange for the general public. According to the regulations of the corporate law, a PLC has to compulsorily present its financial stats and position publicly to maintain transparency.

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a public limited company can be defined as a company that is listed in the stock exchange, its shares are freely transferable, have a perpetual existence, have a limited liability and can sell shares to the general public.A public limited company is found in Ireland, and theUnited Kingdom.The public limited company is subordinate to a largercompany.The minimum shares a public limited company(PLC)holds is 25%.


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