Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
What is a shareholder's beneficial status? 'Beneficially held' means that the owner of the shares gets the direct benefit from the shares. Direct benefits include dividend payments. If the shareholder is not holding the shares on behalf of another person, organisation or trust, the shares are beneficially held.