so that there isn't a possibility that it will get taken over by too many shareholders.
ASDA is PLC
plc
block buster is a plc
because
PLC (Public Limited Company)
Warburtons is a private Limited Company (PLC)
plc public limited company
because they can make more profit on it on the stock market.
so noone bys al thu shars n ting :)
A public limited company (PLC) can have an unlimited number of owners, known as shareholders. These shareholders can buy and sell shares on the stock market, which allows for a diverse ownership structure. The ownership is typically distributed among institutional investors, individual investors, and sometimes company employees. Each shareholder's ownership stake is proportional to the number of shares they hold.
Celtic is a Publicly Limited Company (PLC) and is therfore not under specific ownership.
ya...