public company

noun

British.

1. a company that has more than 50 shareholders and whose shares are offered for public subscription.

public company

noun

1. a limited company whose shares may be purchased by the public and traded freely on the open market and whose share capital is not less than a statutory minimum; public limited company Compare private company

public company

1. A company that sells shares in itself to the public to raise capital. When a previously privately owned company offers shares, it is said to “go public.”

Example Sentences

ABB, a Swiss industrial conglomerate, had been planning to spin off the division as a separately listed public company next year.

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Auditing deficiencies are expected to be at or below 9% this year for EY as the Public Company Accounting Oversight Board wraps up its inspections process for the Big Four accounting firms, people familiar with the matter said.

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LifeStance, which has suffered from excessive turnover of medical staff and difficulty in navigating payments from insurers, has increased revenue and had its first profitable quarter as a public company this year.

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An AppLovin spokesperson told Barron’s that “generally, we do not comment on the existence or nonexistence of any potential regulatory matters. That said, as a global public company, we regularly engage with regulators and if we get inquiries we address them in the ordinary course. Material developments, if any, would be disclosed through the appropriate public channels.”

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The federal government taking an equity stake in a public company wouldn’t be unprecedented.

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