00:00Shares are fractions of a company's capital held by the partners.
00:04When a person contributes money, property, or, in some cases, their labor to a company,
00:09In return, she receives a certain number of shares.
00:12For example, if a company has a capital of 10,000 euros divided into 100 shares of 100 euros each,
00:17A partner who holds 20 shares owns 20% of the share capital.
00:21Holding shares gives the shareholder several rights.
00:24In particular, he can participate in the company's collective decisions and vote at meetings.
00:29according to the rules laid down by law and statutes.
00:31He may also be entitled to a share of the distributed profits, called a dividend.
00:36In principle, the more shares a partner holds, the greater their rights in the company.
00:41Shares are distinguished in particular from stocks.
00:43Shares are primarily used in partnerships
00:47or certain limited liability companies, such as the SARL, the SNC or civil companies.
00:52Shares, on the other hand, are notably used in public limited companies (SA) and simplified joint-stock companies (SAS).
00:56The transfer of company shares is generally more regulated than the transfer of stock.
01:00It may, in particular, require the approval of the other partners.
01:04Remember, a share in a company represents a fraction of its capital
01:07which gives its holder financial rights, participation in profits,
01:11and political rights, participation in decisions.
01:13THANKS.
