Want this question answered?
I understand that MCO was taken over in 1988 by United Meridian Corp and shares were purchased at $0.40 per share.
I have 15 shares of Zenith Radio dated 1961. Are they of any financial worth?
are silco stocks still worth anything
Is it worth anything
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patsjetmail@yahoo.com
A company can issue shares, which is like slicing the ownership of the company up into thousands or millions of pieces. If you own 10 shares of Apple Corp (10 shares is worth about $1000 US, currently) you've got part ownership of Apple Corp. However, since Apple has several billion shares outstanding, you would only own a very small part of the company. It's up to the company to decide how many shares to sell. Of course the more shares they sell, the less each share is worth.
Mcdonalds Corp has the majority of shares.
This is probably due to the economic crisis.
Apparently the company went bankrupt in 1964, so I believe the correct answer is nothing.
You keep them.
Yes