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National Shareholders Day – January 10, 2023

National Shareholders Day is an American holiday observed on January 10 each year. A shareholder, usually referred to as a ‘stockholder’ in the United States, is an individual or legal entity registered by the corporation as a legal owner of shares of a public or private corporation.

Shareholders may also be regarded as members of a corporation. Persons or legal entities become shareholders of a corporation after personally identifiable information about them has been officially entered into the corporation’s register of shareholders or members. The corporation is not required or permitted, except expressly by law, to inquire about the beneficial ownership of the shares. A corporation generally cannot own its own shares.

History of National Shareholders Day

In 12th-century France, the “courtiers de change” were responsible for the management and regulation of the debts of agricultural communities on behalf of the banks. As a result of the fact that these men also traded with debts, they could be regarded as the first brokers. The Italian historian Lodovico Guicciardini described how commodity traders gathered outdoors at a market square where an inn owned by the Van der Beurze family in late 13th-century Bruges stood. In 1409 they became known as the ‘Brugse Beurse,’ thereby institutionalizing what had only been an informal meeting prior to that. This idea then spread to neighboring countries and soon, ‘Beurzen’ opened in Ghent and Rotterdam.

International traders, particularly Italian bankers who had been in Bruges since the early 13th century, returned to their countries with this new idea and began to define the place for stock market exchange. First came the Italians (Borsa), and then the French (Bourse), followed by the Germans (börse), Russians (birža), Czechs (burza), Swedes (börs), Danes and Norwegians (børs). The word, in most languages, coincides with that for ‘money bag,’ dating back to the Latin word ‘bursa,’ from which obviously also derives the name of the Van der Beurse family.

Venetian bankers then began to trade in government securities in the middle of the 13th century. By 1351, the Venetian government outlawed the act of spreading rumors aimed at lowering the price of government funds.

Bankers in Pisa, Verona, Genoa and Florence also began trading in government securities during the 14th century. This was made possible only because these independent city-states were not ruled by a duke, but by a council of citizens.

National Shareholders Day timeline

1351
The Venetian Government Outlaws Short Selling

The Venetian government bans the act of spreading rumors meant to lower government funds.

1409
The Van de Beurze House is Established

The Van der Beurze family establishes the ‘Burgse Beurse’ in Bruges, Belgium — it institutionalizes the earliest form of stock broking.

1602
The Dutch East India Company is Formed

The Dutch East India Company, known to be the first publicly traded company to issue shares, is established.

1611
The First Modern Stock Trading

The first modern stock trading takes place.

National Shareholders Day FAQs

What is National Shareholders Day?

National Shareholders Day, celebrated on January 10 every year, is an American holiday specifically for company shareholders in the U.S.

What are shares?

Shares are units used as mutual funds or real estate investment trusts. Share capital is defined as the shares of a business.

What company was the first to issue shares?

The Dutch East India Company, established in 1602, was the first company to issue its shares publicly.

How to Observe National Shareholders Day

  1. Do some research about the stock market

    If you’ve ever needed a prompt to do some studying as to what the stock market entails, here is your chance! Learn all you can today.

  2. Become a shareholder

    What better way to celebrate National Shareholders Day than to buy some shares in a preferred company. You can become a shareholder yourself.

  3. Join the conversation online

    Join the conversation online. Use the #NationalShareholdersDay hashtag.

5 Interesting Facts About The Stock Market

  1. How ‘bearish’ and ‘bullish’ began

    The terms ‘bearish’ and ‘bullish’ in reference to the behavior or trend of the stock market originated from fights pitting grizzly bears against bulls by caballeros in California.

  2. There’s a “pirate stock exchange” in Somalia

    In Somalia, individuals can invest in piracy — that is, highjacking vessels at sea and demanding ransom.

  3. The N.Y.S.E. is the most traditional

    The New York Stock Exchange is considered the most traditional as traders not wearing a coat and tie are not allowed on the floor.

  4. The world’s largest stock exchange

    The New York Stock Exchange is the largest stock exchange in the world, having an equity market capitalization of more than US$ 27.2 trillion as of March 2022.

  5. The world’s most expensive share

    The most expensive share in the world is billionaire Warren Buffet’s Berkshire Hathaway share, which as of January 2022, trades at $458,675 per share.

Why National Shareholders Day is Important

  1. It’s a good way to earn passive income

    Shareholding is a really good way to make passive income from interests on invested stocks. Get earning today.

  2. Shares tend to yield impressive interests

    Depending on what the market is like, and what company is involved, shares may appreciate at very impressive rates. Do some research and select the most lucrative ones.

  3. It’s an opportunity for company ownership

    With shareholding comes some sense of belonging. Owning a company’s shares is technically being a part owner of a company.

National Shareholders Day dates

YearDateDay
2023January 10Tuesday
2024January 10Wednesday
2025January 10Friday
2026January 10Saturday
2027January 10Sunday

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