What is the difference between a shareholder of record and a beneficial owner?
Susquehanna stock can be registered either in your name (you would be the shareholder of record, or registered owner) or the name of a broker or bank that is holding your stock for you (the bank or broker would be the shareholder of record, or registered owner). If your stock is held by a broker or bank, it is referred to as being held in “street name,” and you are considered a “beneficial” owner. The major difference is that shareholders of record receive publications and other correspondence directly from Susquehanna or its stock transfer agent. For beneficial owners, all correspondence is sent to the bank or broker which, in turn, is responsible for forwarding it to the beneficial owner. This means that shareholders of record generally will receive any shareholder information before beneficial owners. The choice of registration is one of personal preference.
