# ACCENT GROUP LIMITED > Australian public company **Wikidata**: [Q109626934](https://www.wikidata.org/wiki/Q109626934) **Source**: https://4ort.xyz/entity/accent-group-limited ## Summary ACCENT GROUP LIMITED is a public company[1]. ## Summary ACCENT GROUP LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol AX1. As a publicly traded entity, it offers its securities to the general public, with shares trading on the open market since July 7, 2004. The company operates as a joint-stock organization with a market capitalization of approximately 1.38 billion Australian dollars as of late 2021. ## Key Facts * **Official Name:** ACCENT GROUP LIMITED * **Classification:** Public company (instance of a joint-stock company) * **Stock Exchange:** Australian Securities Exchange (ASX) * **Ticker Symbol:** AX1 * **Listing Date:** July 7, 2004 * **Market Capitalization:** 1,381,760,123 AUD (recorded on November 18, 2021) * **Nationality:** Australian * **Ownership:** Distributed among general public shareholders * **Synonyms:** Publicly traded company, publicly held company, listed company ## FAQs **Is Accent Group Limited a publicly traded company?** Yes, Accent Group Limited is a publicly traded company listed on the Australian Securities Exchange, allowing its securities to be sold to the general public. **What stock exchange is Accent Group Limited listed on?** The company is listed on the Australian Securities Exchange (ASX) and has been trading there since July 7, 2004. **What is the ticker symbol for Accent Group Limited?** The ticker symbol used to identify Accent Group Limited on the stock market is AX1. **What was the market capitalization of Accent Group Limited in 2021?** As of November 18, 2021, the market capitalization of Accent Group Limited was approximately 1.38 billion Australian dollars. **How is Accent Group Limited different from a private company?** Unlike a private company, Accent Group Limited's shares are traded openly on a public market (the ASX), enabling any member of the general public to purchase ownership stakes. ## Why It Matters ACCENT GROUP LIMITED serves as a significant vehicle for capital formation within the Australian economy, utilizing the public company structure to raise funds from a broad pool of investors. By adhering to the strict regulatory disclosure and reporting standards required of listed companies, it provides transparency and liquidity to the market. This structure allows individual and institutional investors to participate in the company's growth, contributing to wider economic stability and wealth creation through the public stock markets. ## Notable For * Being listed on the Australian Securities Exchange (ASX) for over 15 years, with a listing start date of July 7, 2004. * Achieving a market capitalization exceeding 1.38 billion AUD as of November 2021. * Operating under the specific legal and organizational structure of a public company, distinct from government agencies or private enterprises. * Being identified by multiple synonymous titles, including "publicly held company" and "listed company," reflecting its status on the ASX. ## Body ### Corporate Identity and Classification ACCENT GROUP LIMITED is legally defined as a public company, a specific form of joint-stock organization that distinguishes itself by offering securities for sale to the general public. This classification separates it from private companies, which raise capital from a closed group of investors, and from public enterprises or government agencies, which are state-owned. The entity is formally recognized by its official name, ACCENT GROUP LIMITED, and is synonymous with terms such as "publicly traded company," "publicly held company," and "listed company." As an Australian enterprise, it functions within the legal frameworks governing public corporations in that jurisdiction. ### Market Presence and Financial Metrics The company's primary market presence is established through its listing on the Australian Securities Exchange (ASX). It trades under the ticker symbol AX1, a designation that has been active since the company's listing on July 7, 2004. Financial data regarding the company provides a snapshot of its scale; specifically, on November 18, 2021, ACCENT GROUP LIMITED recorded a market capitalization of 1,381,760,123 Australian dollars. This figure represents the total value of the company's outstanding shares and serves as a key indicator of its financial standing at that point in time. ### Ownership Structure and Governance As a public company, ACCENT GROUP LIMITED is characterized by a distributed ownership structure held by general public shareholders. This ownership model allows for a wide pool of investors to hold stakes in the company. Governance is typically managed by a board of directors elected by these shareholders, adhering to the corporate principle of separating ownership from control. The company is subject to strict regulatory disclosure and reporting standards, which are mandatory requirements for entities listed on the ASX. These standards ensure transparency for investors and facilitate the free trading of the company's securities on the public market. ## References 1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)