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What are the benefits of participating in DRS?

April 26, 2017Benefits Drs

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What are the benefits of participating in DRS?

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DRS eliminates the need to issue a paper stock certificate. Stock certificates can be lost, misplaced or damaged and depending on the number of shares, the shareholder will have to pay for a surety bond to replace certificates. DRS also allows a more convenient way to transfer shares from and to a financial institution/broker.

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Posted

DRS eliminates the need to issue a stock certificate. Stock certificates can be lost, misplaced or damaged and depending on the number of shares, the shareholder will have to pay for a surety bond to replace lost certificates. DRS also allows a more convenient way to transfer shares from and to a financial institution/broker.