What is the shareholder register?
The register of shareholders is a list of current investors who own shares issued by specific companies. The list of this type is usually constantly updated because stocks are purchased and sold on the market. Specific information regarding each investor is maintained in the register, including the name of each investor and the number of shares currently holding. Depending on the Company's practices and any requirements established by local laws and regulations, further information may also be maintained in the shareholder register.
While the scope of information within the shareholder register will be somewhat different from one country to another, most will contain current contact information about each investor. This includes the complete legal name of the investor, the physical address and the postal address. The number of shares that each investor currently holds is also part of the basic details. In some cases, the profession of investors register and the price paid for each of the shares that JThey are currently in possession of every investor. With the advent of online communication, it is not uncommon that data in the shareholder register also contain information, such as the e -mail address and mobile phone number, although many companies consider this type of data rather than the needy.
In many countries, a type of regulatory agency determines the basic criteria for the information contained in the register of shareholders. For example, the Securities and Exchange Commission in the United States requires certain data to be maintained in the register for any stocks traded on the exchanges in this country. Businesses are not limited to the inclusion of data required by the regulatory agency. This means that if the agency does not require the incorporation of address addresses for shareholders, but the company's statutes require information to be included, the sent addresses will be included together with any information necessary to observe REGulatory agencies.
Since shares are traded daily, the process of maintaining the current register of shareholders may be. Thanks to electronic communication technology, this process is much easier than in previous years. Although the update is not real time in many cases, companies usually update registers to capture any purchases or selling within the last twenty -four hours, although regulatory agencies in some countries may require updates to appear at other intervals such as week or monthly.