Computershare is one of the biggest sources of inquiries that I receive through my site’s e-mail address. There seems to be a lot of people out there who wonder what Computershare is, and whether Computershare is a safe source to purchase stocks through.
The short answer: Computershare is possibly the most legit source you can choose to purchase stock. When a company goes public through an IPO, or wants to raise capital through an additional offering, it is the issuer and must keep track of who the shareholder base is. As you can imagine, that is a complicated and ever-changing job, and something that most companies have no interest doing.
ExxonMobil wants to drill oil and transport it; it doesn’t want to spend its time engaged in the administrative hassle of keeping track of shareholders. This is where Computershare comes in. Companies like Exxon enter into a contract relationship with … Read the rest of this article!