A PLC is a type of company that can issue shares to the public, typically through a stock exchange, and is often subject to more stringent reporting and regulatory requirements compared to private companies. PLCs are popular for businesses that require significant capital and are willing to adhere to public disclosure requirements.
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PLC shares can be bought and sold on public stock exchanges, providing liquidity for shareholders. This ability to trade shares easily makes it more attractive to investors and can contribute to a more dynamic capital structure.
PLC status ensures that the company has perpetual succession, meaning it can continue to exist even if shareholders or directors change. This stability is essential for long-term planning and business continuity.
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