Share certificates are legal documents that serve as proof of ownership of shares in a company. These certificates are issued to shareholders when they purchase stock and represent the number of shares owned, the issuing company’s name, and other essential details such as the certificate number and shareholder’s name. Share certificates are pivotal in establishing the ownership and transfer of shares, making them highly valuable assets. They are not only essential for personal record-keeping but also required in transactions involving the sale, transfer, or inheritance of shares.
Source: https://learn.releasemyad.com/protect-your-assets-importance-of-advertising-lost-share-certificates/
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