What is a Public Limited Company (PLC)?
How Does a Public Limited Company (PLC) Work?
More common in the U.K., public limited companies (PLC) offer shares of stock to any interested investor. Each share carries with it limited liability concerning the associated degree of possible loss. In most cases, losses are limited to the amount paid for the stock. In order to bear the PLC designation, a company must be legitimate and registered to trade on a stock exchange (e.g., FTSE or NYSE).
Why Does a Public Limited Company (PLC) Matter?
By offering equity shares to the public a PLC is able to effectively acquire capital for expansion and continuing operations. Offering limited liability to investors means that a PLC's legal or debt burdens cannot be transferred, or placed upon, shareholders.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
1. Those with the enterprise lack the money and those with the money lack the enterprise to buy...Read More →
You've doubtless heard of the Oracle of Omaha and every investor's patron saint, Warren Buffett...Read More →
Booking travel is so easy to do, yet all too often we wind up spending more than we wanted. Thank fee-happy airlines for that -- there's no limit to what they'll charge for, from meals to...Read More →