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en:ipo [2015/06/13 09:00]
federico
en:ipo [2019/02/16 20:58] (current)
federico
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-====== ​IPO ======+====== ​What is an Initial Public Offering? ​======
  
-Initial Public Offering+**An Initial Public Offering ​(IPO) is the first public stock offer of a corporation**. ​ Non public corporations can have only a few owners. When a corporation "​opens"​ it's capital, their stocks are traded in the [[en:​capital-market|capital market]]. After the IPO, the stocks are traded in the [[en:​secondary-market|secondary market]] and anyone can boy them. A stock represents a small fraction of the capital of a corporation. ​
  
-Is the first public stock offer of a [[corporation]]. Even if a corporation divides it's capital in stocks, the public may not have access to it's stock. Non public corporations can have only a few owners. When a corporation "​opens"​ it's capital, their stocks are traded in the [[en:capital-market|capital market]]. ​+{{:en:ipo.jpg?​nolink&​400|}}
  
-An initial public offering is a way to gather additional capital. ​+Even if a corporation divides it's capital in stocks, the public may not have access to it's stock. 
 + 
 +An initial public offering is a way to gather additional capital ​to carry out investments that can lead to a higher market share, access to new markets and technologies and gain more profits.  
 + 
 +People buy stocks as an investment. Stocks can lead to profits in 2 ways:  
 +  * The price of the stock can increase. 
 +  * Corporations can pay dividends to stock owners. 
 + 
 +The IPO is carried out by an investment bank that specializes in this complex operation. An IPO requires knowledge of the market, regulations,​ paperwork, valuations, market conditions, contacts, etcSome big companies that carry out IPOs are [[PwC]], [[KPMG]] and [[Ernst & Young]], ​
  
 After an IPO, a portion of the capital can be traded in the [[en:​secondary-market|stock market]]. After an IPO, a portion of the capital can be traded in the [[en:​secondary-market|stock market]].
  
-Some of the largest ​IPO in history were: +===== Largest IPOs  ===== 
-  * [[Bank of China]] 2006: $11.1 billion + 
-  * [[AT&T]] 2000: $10.62 billion + 
-  * [[OAO Rosneft]] 2006: $10.65 billion +Some of the largest ​IPOs in history were: 
-  * [[Deutsche Telekom AG]] 1996: $12.48 billion +  * Bank of China 2006: $11.1 billion 
-  * [[General Motors]] 2010: $15.8 billion +  * AT&T 2000: $10.62 billion 
-  * [[Enel SpA]] Italian Energy Company 1999: $16.58 billions +  * OAO Rosneft 2006: $10.65 billion 
-  * [[VISA]] 2008: 17.9 billions +  * Deutsche Telekom AG 1996: $12.48 billion 
-  * [[NTT Mobile Communications]] 1998: Japanese cell phones 18.4 billion +  * General Motors 2010: $15.8 billion 
-  * [[Industrial and Commercial Bank of China (ICBC)]] 2006: $19.1 billion +  * Enel SpA Italian Energy Company 1999: $16.58 billions 
-  * [[Agricultural Bank of China (ABC)]] 2010: $19.2 billion+  * VISA 2008: 17.9 billions 
 +  * NTT Mobile Communications 1998: Japanese cell phones 18.4 billion 
 +  * Industrial and Commercial Bank of China (ICBC) 2006: $19.1 billion 
 +  * Agricultural Bank of China (ABC) 2010: $19.2 billion
  
 ===== See also: ===== ===== See also: =====
  
 [[Primary Market]] [[Primary Market]]
en/ipo.1434200411.txt.gz · Last modified: 2015/06/13 09:00 by federico