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In this installment of the 1st Formations video series, Nicholas Campion explains the basics of company shareholders. Shareholders, also known as members, are the 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 number and value of shares determining total ownership, decision-making power, profit entitlement, and personal liability. Unlike directors, shareholders are not involved in day-to-day management but are essential for understanding company structure. Additionally, information about shareholders can be found in the company's public profile.