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Transfer ability of shares

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Transfer ability of shares

  • This topic has 2 replies, 2 voices, and was last updated 6 years ago by rameeza.
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  • June 23, 2016 at 2:22 am #323847
    rameeza
    Participant
    • Topics: 46
    • Replies: 30
    • ☆☆

    What is the meaning of tranferability of shares?
    how can shares be freely traded on a stock exchange without the consent of the shareholders?

    June 23, 2016 at 7:12 am #323862
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10221
    • ☆☆☆☆☆

    Shares on the stock exchange can be traded freely. If someone wants to sell they can. If they don’t want to sell they don’t have to – unless there is a takeover in progress where, if enough shareholders vote for it, the remaining must sell at the takeover price offered.

    June 23, 2016 at 1:30 pm #323896
    rameeza
    Participant
    • Topics: 46
    • Replies: 30
    • ☆☆

    Thanks for the explanation professor

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