What is a share ?

A share is a security representing ownership. Each share of a company represents a fraction of its share capital and makes its holder, the shareholder, one of the company's "owners." The shareholder can therefore participate in the Annual General Meeting of Shareholders, where discussions focus on the company's direction and management. Generally, when a company is created, unlisted shares are issued to constitute its share capital.

Each year, based on the company's performance and the adopted strategy, the General Meeting decides whether to pay a dividend and its amount per share. In addition to dividends, shares can generate capital gains upon resale if the share price has increased. This is the case with the investment structures presented on Enerfip, which offer predetermined returns.