Shares in companies are an old idea

By Paul Walker 23/04/2015 1


It turns out that shares are more than 700 years old, at least. From the BBC website comes this picture of what is the oldest known share in a company. In 1288, Stora Enso issued this share giving a bishop an eighth of a copper mountain.


One Response to “Shares in companies are an old idea”

  • Stora Enso is still a highly successful pulp & paper company. Contrast that with your last post about the average lifespan of an S&P company is only fifteen years.