Company Data Extraction | Business Information

  Are you interested in knowing more about who is a company subscriber is? Subscribers are the people who were shareholders when the company was formed. As such no additional responsibilities come with the appointment, the only reason they were named as subscribers is to depict that they were shareholders in the company at the outset. It means that the shareholders of the company can change, but subscribers can never. A company director sits on the board of directors and has certain responsibilities as such, the company secretary is the person responsible for handling the company administration and filings. A company shareholder is someone with a stake in the company and a person with significant control is the one person who has ultimate control within the business. It is important to understand each one of these roles and the distinctions. Source:  https://datagardener.com/blogs/who-is-a-company-subscriber/

  Treasury shares are basically the previously outstanding shares repurchased from shareholders. The issuing company buys the stock back from the stockholders and holds it. Treasury shares are  usually recorded on the company’s balance sheet in the shareholder equity section.   In the Companies Act 2006, the chapter 6 part 18 states the updated and detailed provisions associated with holding treasury shares. Treasury stock actually came into being in the year 2003. The main purpose of this stock is to enable companies to hold shares by repurchasing the shares from existing stockholders. However, even though it was introduced in 2003, the  private limited companies  in the UK have been able to hold treasury shares since 2013. Source:  https://datagardener.com/blogs/what-are-treasury-shares/