Quote:
Originally posted by Mmmm, Burger (C.J.)
Someone who actually knows something can elaborate, but I believe that 20% ownership can trigger certain legal obligations in some countries as it is regarded as a "controlling" interest. In the U.S. 10% ownership leads to various SEC filing requirements.
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So if I own nine percent of a stock in a company, and the company starts buying its own stock, and thereby increases my percentage, do I have to do these filings?
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