A corporation can offer its shares to the public, selling them on the stock market. The first time this is taking place is called IPO or Initial Public Offering. After the IPO, the corporation shares are for the first time, traded on the stock market. A public shares offering can be done by offering new shares to the public or by selling some of the existing shares on the market. When new shares are sold, the corporation receives the proceeds of the sale. When existing shares are sold, the current owners of these shares receive the proceeds from the sale.
Simcountry Dictionary
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A corporation can offer its shares to the public, selling them on the stock market. The first time this is taking place is called IPO or Initial Public Offering. After the IPO, the corporation shares are for the first time, traded on the stock market. A public shares offering can be done by offering new shares to the public or by selling some of the existing shares on the market. When new shares are sold, the corporation receives the proceeds of the sale. When existing shares are sold, the current owners of these shares receive the proceeds from the sale.