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[-] RebekahWSD@lemmy.world 20 points 3 days ago

I've never quite understood, is a shareholder just someone with stock in a company or is it a level above that?

If it's just stocks I theoretically own a few in Disney somewhere. It was a gift for being born.

[-] Flower@sh.itjust.works 15 points 3 days ago* (last edited 3 days ago)

You're one of many minor shareholders. They give you in theory some say in the company, with one vote per share, but in practice you're ignored. Then you have the major shareholders, owning millions in shares, and having some to big influence in the company. These are the people they invite to shareholder meetings. And then there is the special class of shareholders, think of Musk and Zuckerberg, that own now billions in shares that give them 10 votes per share for example so nobody can outvote them.

[-] evasive_chimpanzee@lemmy.world 10 points 3 days ago

I never understood how special shares were legal. I mean, I do understand that it's because the ownership class wants it that way, but it's insane.

It's literally letting people have their cake of controlling a company while eating it by selling the company off simultaneously.

[-] PyroNeurosis@sopuli.xyz 3 points 3 days ago

Some special shares are cheaper, but you don't get a vote. Those shares are for the sort that just wanna ride the corporate wave without any "guilt".

[-] nibbler@discuss.tchncs.de 16 points 3 days ago

If you hold a share, you hold a share. makes you a share holder imho.

also: congrats on being born from me, too!

[-] someguy3@lemmy.world 10 points 3 days ago* (last edited 3 days ago)

Yes, a shareholder is one who owns stocks. But you can say there's another tier, if you own say 10% of a company's stock you may actually get to influence how the company runs. That is called the board of directors. They decide what path the company goes down, the CEO, etc. (Technically it's the shareholders that decide, but your 1 millionth voting power isn't doing anything when your local billionaire has a billion dollars more stock than you.)

[-] Ilovethebomb@sh.itjust.works 5 points 3 days ago

Yes, you're a shareholder. It just means you own shares in the company.

[-] Imgonnatrythis@sh.itjust.works 4 points 3 days ago

Sounds like something a shareholder would say.

[-] Viking_Hippie@lemmy.dbzer0.com 2 points 3 days ago* (last edited 3 days ago)

Sounds like something that someone who says things would say.

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