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who is a share transfer agent Shay transfer agent means any person who maintains the record of holders of securities and deals with all matters connected with the transfer or redemption redemption of securities or activities incidental thereto or the activities which are associated with the transfer or redemption of securities here are some of the functions of share transfer agent first is dealing where they where they can issue or cancel certificates to reflect changes in the ownership now since there is a secondary market the ownership can definitely get transferred for a particular security from one person to another person so the issuing of the new documentation or transferring the ownership is some is one of the role of transfer agents thats dealing example when a company declares a stock dividend or stock split the transfer agent issues new shares transfer agents keep records of who owns a company stocks and bonds and how those stocks and wants are held whether by the owner in c