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Do dematerialised shares have distinctive numbers?

April 26, 2017dematerialised DISTINCTIVE Numbers Shares

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Do dematerialised shares have distinctive numbers?

2 Answers

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Dematerialised shares do not have any distinctive numbers. These shares are fungible, which means that all the holdings of a particular security will be identical and interchangeable.

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Posted

Dematerialised shares do not have any distinctive numbers. These shares are fungible, which means that all the holdings of a particular security will be indentical and interchangeable.