Zambia Copper Investments Limited - Stock Certificate
Inv# SE2347 Stock
Zambia
Specimen Stock printed by American Bank Note Company. ZCCM Investments Holdings serves as the successor to Zambia Consolidated Copper Mines Limited (ZCCM Ltd) in Zambia. Before its privatization in 2000, ZCCM Ltd functioned as a comprehensive copper-mining conglomerate, predominantly owned by the Government of the Republic of Zambia (GRZ). In other terms, until 31 March 2000, ZCCM Ltd was a mine-operating entity with 60.3% of its shares owned by the state, while Zambia Copper Investments Ltd (ZCI), an affiliate of Anglo American Plc, possessed 27.3% of the shares, leaving 12.4% of the shares in the hands of private investors.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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