Shares/Stock Listed company refusing to reply to shareholders

niche

Verified member
A listed company is refusing to reply to shareholders who have not received their dividend. The company secretary was sent an email, and the mail is marked as delivered. Instead the company is publishing a list of shareholders with unclaimed dividends on its website, when it has never attempted to send the dividend to some shareholders. What action can small shareholders take against listed companies which claim that they have sent dividends to increase the share price, yet have no proof that the dividend was delivered to the shareholder?
 

Ganibade

Verified member
The following options are available to small shareholders of listed corporations that assert they have sent dividends but have not provided confirmation of delivery:
Speak with the Business: In order to prove ownership and claim dividends within the allotted time frame, shareholders must first get in touch with the company's transfer agent or registrar.
Legal Reaction: Small shareholders may contemplate taking legal action to defend their rights and collect the dividends owing to them if the corporation refuses to address the matter.
 
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