Open joint-stock company

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A public joint-stock company, abbreviated PJSC (Russian: Публичное акционерное общество, abbreviated Russian: ПАО), is a type of company in many successor states of the Soviet Union, in particular in Russia and Ukraine. Its distinguishing feature is the right of stockholders to trade in stocks without the permission of other stockholders.

Public Stock Societies are somewhat comparable to limited liability partnerships or corporations under US law.

Examples in Russia[edit]

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