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In the video, the concept of shares is explained through an analogy of sharing a pizza. When two people split a pizza, each receives an equal share. This division applies to any number of people, whether it's two, four, or eight, each getting a corresponding share. The tutorial then connects this idea to companies, stating that shareholders are analogous to pizza share owners. Just as pizza eaters divide the pizza, shareholders share control over the company. Ultimately, both concepts reflect a division of ownership, emphasizing that shareholders are essentially the owners of a company.