Traducción de «Sociedad sin acciones » (Español → Inglés) :

corporation without share capital [ non-share capital corporation | nonstock corporation | non-stock corporation | corporation without capital stock ]

non-profit corporation [ nonprofit corporation | not-for-profit corporation ]

non-profit organisation [ non-profit association | non-profit company | non-profit organization ]

nonprofit institution | NPI | nonprofit organization | NPO | nonprofit body

company with share capital [ joint stock company | registered company ]

objects of a joint stock company | objects of a limited company

company not carrying on any actual business

limited partnership [ company limited by shares | Corporation(STW) ]

In order to prevent a public limited liability company from using another company in which it holds a majority of the voting rights or on which it can exercise a dominant influence to make such acquisitions without complying with the restrictions imposed in that respect, the arrangements governing a company's acquisition of its own shares should be extended to cover the most important and most frequent cases of the acquisition of shares by such other companies.

2. Shares acquired in the cases listed in points (b) to (g) of paragraph 1 must, however, be disposed of within not more than three years of their acquisition unless the nominal value or, in the absence of a nominal value, the accountable par of the shares acquired, including shares which the company may have acquired through a person acting in his own name but on the company's behalf, does not exceed 10 % of the subscribed capital.

With regard to collective portfolio management (management of unit trusts/common funds or investment companies), the authorisation granted to a management company in its home Member State should permit the company to pursue in host Member States the following activities, without prejudice to Chapter XI: to distribute, through the establishment of a branch, the units of the harmonised unit trusts/common funds managed by that company in its home Member State; to distribute, through the establishment of a branch, the shares of the harmonised investment companies, managed by that company; to distribute the units of the harmonised unit trus ...[+++]ts/common funds or shares of the harmonised investment companies managed by other management companies; to perform all the other functions and tasks included in the activity of collective portfolio management; to manage the assets of investment companies incorporated in Member States other than its home Member State; to perform, on the basis of mandates, on behalf of management companies incorporated in Member States other than its home Member State, the functions included in the activity of collective portfolio management.

Firms frequently hold shares for short periods only, not in order to pursue strategic goals through such holdings, but purely to exploit market price fluctuations.