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Nicholas Campion presents a tutorial on company shareholders in the latest installment of the 1st Formations video series. He defines shareholders, also known as members, as owners of companies limited by shares, which can include individuals, groups, partnerships, or other entities. To become a shareholder, one must own at least one share, with the quantity and value determining their ownership stake, decision-making power, profit entitlement, and level of personal liability. While shareholders are the beneficial owners of a limited company, they do not typically engage in day-to-day operations, highlighting the distinction between their role and other positions within the company.