How much stock can someone buy in a company before they can take it over?

Question

I recently read that someone has bought 8% of the stock in the company for which I work. Are they near the point of taking over the company?

Answer 1

The stock holders of a company vote for the board of directors. Each share of stock is one vote. Once you acquire enough shares you can start placing people on the board. The board monitors the management of the company. The board can replace the CEO and other officers effectively taking over the company. There is no hard number for how much of the company you need, it depends on who the other major share holders are.

Answer 2

That person may own 8%, but if he's got allies who also own the stock, they can take over the company when they've reached 50% + 1 share, by voting the current management out.

Answer 3

As someone else said, you would need a majority stake. However, if you have enough stock to get a seat on the board and you know of others on the board who are also disgruntled, well, people can work together to get bought out.

Answer 4

generally, you'd need a majority shareholder status to control the company. although with a significant holding, you could probably get a seat with the board of directors, thus somewhat controlling the company.

Answer 5

It would be according to the type of stock and the total number of outstanding shares and the total number of stock holders.

Answer 6

no, around 25% and they will have significant say in the company.

Answer 7

If he is a majority owner, perhaps

Answer 8

AS MUCH AS THEY WANT