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Issuing Stock Certificates A stock certificate is a piece of paper that shows that the investor owns shares in the company. Stock certificate paper is a paper record that shows the investor owns the shares and how many shares the investor owns.The company then mails the certificates to the investors.
Locate the Company. The first step is making sure the company is still in business. Find the CUSIP Number. The secretary of state's office in the state of incorporation must be listed on the stock certificate. Contact the Transfer Agent. Complete the Transfer Form. Place an Order. Keep Old Certificates.
Old stock certificates shouldn't be simply thrown away. They can still have value if they represent an existing or merged company, or if they are valued as collectibles. A little bit of research can help you determine the worth, if any, of your old paper stock certificate.
Certificated stock generally refers to commodity inventory that has been inspected by qualified representatives and determined to be of basis grade for use in futures market trading.In some instances, certificated stock may also refer to share certificates issued by corporations for their shares.
Some companies no longer issue paper stock certificates. However, when you own shares in a corporation that still provides them, you can be issued paper stocks.If the company offers a direct stock purchase plan, you might want to make your investment using this service.
You can sell your shares directly to the transfer agent. If you have possession of the stock certificates, you'll need to sign them and send them to the transfer agent, along with whatever paperwork the agent needs. You'll probably have to include a fee, although some agents may perform this service for free.
Stock Certificates Are No Longer Necessary Today, most of the world's exchanges have either done away with or are phasing out paper certificates. Stock ownership is much easier to prove now thanks to electronic records and electronic communication networks (ECN).