Definition of a public limited company?
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 the
United Kingdom.
The public limited company is subordinate to a larger
company.
The minimum shares a public limited company(PLC)
holds is 25%.
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