You can sell all shares in your primary company and still control it

General Discussions about new beta versions of Capitalism Lab
FIIIIIG
Level 2 user
Posts: 39
Joined: Wed Mar 25, 2020 11:07 pm

You can sell all shares in your primary company and still control it

Post by FIIIIIG »

Just start a new game and sell all of your shares within your primary company with no subsidiaries ever created. You will still be a CEO and a chairman.
FIIIIIG
Level 2 user
Posts: 39
Joined: Wed Mar 25, 2020 11:07 pm

Re: You can sell all shares in your primary company and still control it

Post by FIIIIIG »

Your company will also keep all of the capital from the sells. So right now I am building real estate with money of a company I have no shares in.
FIIIIIG
Level 2 user
Posts: 39
Joined: Wed Mar 25, 2020 11:07 pm

Re: You can sell all shares in your primary company and still control it

Post by FIIIIIG »

It then gets completely bugged. When you buy back your shares with the company, your ownership will be still zero. Only if you buy the shares back with your personal wealth the ownership gets properly transferred to the player but then the company cant actually trade its own shares. Basically completely broken.
User avatar
Stylesjl
Mod Expert
Mod Expert
Posts: 888
Joined: Sun Oct 29, 2023 4:01 am
Location: Sydney, Australia
Has thanked: 63 times
Been thanked: 82 times

Re: You can sell all shares in your primary company and still control it

Post by Stylesjl »

Yes, it is intentional that you can own 0% of your company and still be CEO (this is also true of real life). You only get kicked out when someone else owns 50%+ of the company.

In terms of buying your own shares back - this is also the correct behaviour. If you own 0% of shares then why would a share buyback increase your ownership? You have to own some shares in the first place to benefit from it. A share buyback simply decreases the number of shares that can be sold to the public (or takes the shares off someone else, making your existing stake bigger).
User avatar
cantdownloadit
Community Contributor
Community Contributor
Posts: 1047
Joined: Sat Aug 30, 2014 12:14 pm
Has thanked: 13 times
Been thanked: 30 times

Re: You can sell all shares in your primary company and still control it

Post by cantdownloadit »

As Styles said this is correct behaviour.
Post Reply