What is the stock register?
The stock register is a database maintained by a company that monitors the history of its shares. This database contains detailed information about the company's shares and is used to record information about shareholders in the company. For publicly traded companies, the maintenance of the exact and complete share register is decisive to ensure that the company has accurate information about its events and holders of shares. For each share held by the shareholder, the record has a unique number to identify the share and contains information about the owner, including the name, address and nominal value of the shares at the time it was purchased. Data indicating when problems were carried out and when stocks were purchased, they are also included in the stock register that allows the company to monitor its supplies over time.
When someone holds shares of theft or loss that requires replacement of the stock certificate certificate, the stock register is used to verify the claim and report information. FormThey must be registered with information about the new owner and transfer. The staff responsible for the management of the shares register is entrusted to maintain its current and as complete as possible.
People holding stocks are responsible for ensuring that the information in the registry is correct. If people move or change their names, this information must be recorded to ensure that they receive dividends and are allowed to vote on the questions that are on the shareholder's vote. Failure to observe accurate records may become a problem if the stocks are transferred or other problems are developed. For example, in the event of a loss, if the register has outdated information and verifies ownership of ownership may require considerable paperwork.
Stock Register shows who holds shares in the company, describes voting rights associated with certain types of shares and provides additional information about ownershipMing and history of the company's shares. In addition to being important for business, it can also be a valuable historical source. Historians may be interested in reviewing old stock registers and sharing certificates to learn more about the history of the company or industry or collect information about a specific period over time.