Question

What is the correct definition of a majority shareholder? 1. Someone who owns at least 70% of a company’s shares 2. Someone who owns at least 60% of a company’s shares 3. Someone who owns at least 50% of a company’s shares 4. Someone who owns at least 40% of a company’s shares

Answer 1

Someone who owns at least 70% of a company's shares are known as majority shareholders..