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.
A corporation might repurchase its own stock in order to invest in itself. This allows the company to retain ownership of itself.
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.
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.
Those shares are shown as a contra-account in the Equity section of the Balance Sheet called Treasury Stock.
The Sara Lee Corporation owns Hillshire Farms
A corporation might repurchase its own stock in order to invest in itself. This allows the company to retain ownership of itself.
Yes.
The people who buy stock and own the company.
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.
Yes. One legal entity can own shares in another legal entity just as an individual can have ownership.
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.
NO
The people who buy stock and own the company.
People who buy stock and own the company.
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.
Ownership in a corporation is typically imparted through the ownership of shares of stock in the company. Shareholders own a portion of the corporation proportional to the number of shares they hold.
own the company’s stock