Public Limited Company

A Public Limited Company (PLC) is a type of business organization that has its shares available for the general public to buy and sell on the stock exchange. It is owned by shareholders who can invest in the company, and its liability is limited to the amount they invested. PLCs are typically large companies that need to raise significant capital and are subject to strict regulations and transparency requirements. This structure allows the company to access a wide pool of investors, facilitating growth and expansion while providing shareholders with limited liability and the ability to easily buy or sell their shares.