Paired Shares

Dictionary Says

Definition of 'Paired Shares'

The stock of two separate companies that are under the management or supervision of a single corporation. Paired shares are traded as if they are one stock and are sold as one unit. The stock of both companies typically appears on one stock certificate, with each stock printed on one side of the stock certificate. In general, one stock yields a higher dividend, while the other has a greater potential for growth. A share of stock is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

Also called "Siamese Shares" and "Stapled Stock."
Investopedia Says

Investopedia explains 'Paired Shares'

For example, Carnival Corporation and plc (known previously as P&O Princess Cruises plc), completed a dual listed company transaction in April 2003. Shares of Carnival Corporation common stock were paired with trust shares of beneficial interest in the P&O Princess Special Voting Trust. These new shares were referred to as the "trust shares" or "paired shares."

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Common Stock

    A security that ...
  2. Shares

    A unit of ...
  3. Stock

    A type of ...
  4. Contingent Shares

    Shares of ...
  5. Earnings

    The amount of ...
  6. Minimum Wage

    The minimum ...
  7. Cum Rights

    A shareholder of ...
  8. Sticky Wage Theory

    An economic ...
  9. Corporate Finance

    1) The financial ...
  10. Golden Boot

    An inducement or ...

Articles Of Interest

  1. Stock Basics Tutorial

    If you're new to the stock market and want the basics, this is the tutorial for you!
  2. Carl Icahn's Investing Strategy

    Buying up failing investments and turning them around helped to create the "Icahn lift" phenomenon.
  3. Finding Solid Buy-And-Hold Stocks

    Find out how to look at the big picture - even when the market's short-term outlook is less than rosy.
  4. Female Managers Can Raise Share Values

    Women are quite capable of proving their worth in raising corporate value through various financial, managerial and human capabilities.
  5. Introduction To Incentive Stock Options

    Here are some basic highlights of how ISOs work and the ways they can be used.
  6. Beware Of Company Stock In Qualified Plans

    While this strategy does have a few advantages, it can also pose some substantial risks to employees.
  7. Employees Vs. Investors

    Who is more important to the CEO and a company's bottom line? Is it employees or company shareholders?
  8. Corporate Bonds: An Introduction To Credit Risk

    Corporate bonds offer higher yields, but it's important to evaluate the extra risk involved before you buy.
  9. Payroll Deductions Pay Off

    Find out how you can bypass or defer taxes on thousands of dollars each year.
  10. Is Your Defined-Benefit Pension Plan Safe?

    Your plan may not last in a rocky market. Find out whether your savings will be affected.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center