# JOHNS LYNG GROUP LIMITED

> Australian public company

**Wikidata**: [Q109627027](https://www.wikidata.org/wiki/Q109627027)  
**Source**: https://4ort.xyz/entity/johns-lyng-group-limited

## Summary
**JOHNS LYNG GROUP LIMITED** is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol **JLG**. As a public company, it offers its securities for sale to the general public, allowing widespread investment and ownership. It is a key player in the Australian corporate landscape, with a market capitalization of **AUD 1.63 billion** as of November 18, 2021.

## Key Facts
- **Official Name**: JOHNS LYNG GROUP LIMITED
- **Stock Exchange**: Listed on the **Australian Securities Exchange (ASX)** under the ticker **JLG** since **October 26, 2017**
- **Market Capitalization**: **AUD 1,633,637,547** (as of **November 18, 2021**)
- **Type of Company**: **Public company** (offers securities to the general public)
- **Legal Structure**: Operates as a **joint-stock company** with publicly traded shares
- **Ownership**: Owned by shareholders who purchase its securities on the ASX
- **Regulatory Compliance**: Subject to strict disclosure and reporting standards as a publicly traded entity

## FAQs

**What is JOHNS LYNG GROUP LIMITED?**
JOHNS LYNG GROUP LIMITED is an Australian public company listed on the ASX, meaning its shares are available for purchase by the general public. It operates under the ticker symbol **JLG** and is part of the broader ecosystem of publicly traded corporations in Australia.

**When was JOHNS LYNG GROUP LIMITED listed on the ASX?**
The company was listed on the **Australian Securities Exchange (ASX)** on **October 26, 2017**, under the ticker **JLG**.

**What is the market capitalization of JOHNS LYNG GROUP LIMITED?**
As of **November 18, 2021**, the company had a market capitalization of **AUD 1,633,637,547**, reflecting its total market value based on outstanding shares.

**How is JOHNS LYNG GROUP LIMITED different from a private company?**
Unlike a private company, JOHNS LYNG GROUP LIMITED is a **public company**, meaning its shares are traded on a public stock exchange (ASX), allowing anyone to buy or sell ownership stakes. Private companies, in contrast, restrict share ownership to a select group of investors.

**Who owns JOHNS LYNG GROUP LIMITED?**
The company is owned by its **shareholders**, which include individual and institutional investors who have purchased its publicly traded securities on the ASX.

## Why It Matters
JOHNS LYNG GROUP LIMITED plays a significant role in the Australian economy as a publicly traded company, enabling capital formation and investment opportunities for the general public. By being listed on the ASX, it contributes to market liquidity, allowing investors to buy and sell shares easily. Public companies like JOHNS LYNG GROUP LIMITED are subject to rigorous regulatory oversight, ensuring transparency and accountability, which fosters trust among investors. Additionally, its presence in the market supports economic growth by facilitating business expansion, innovation, and job creation.

## Notable For
- Being a **publicly listed company** on the **Australian Securities Exchange (ASX)** under the ticker **JLG**
- Achieving a **market capitalization of over AUD 1.63 billion** as of **November 2021**
- Operating under the **joint-stock company model**, allowing widespread public ownership
- Adhering to **strict regulatory and disclosure standards** as a publicly traded entity
- Providing **investment opportunities** for retail and institutional investors in Australia

## Body

### **Company Overview and Legal Structure**
JOHNS LYNG GROUP LIMITED is an **Australian public company**, meaning it is a corporation that offers its securities (such as stocks) for sale to the general public. This structure distinguishes it from private companies, which restrict share ownership to a limited group of investors. As a **joint-stock company**, it operates under a legal framework that allows for public ownership and trading of its shares.

### **Stock Exchange Listing and Trading**
The company is listed on the **Australian Securities Exchange (ASX)**, one of the world’s leading financial marketplaces. It trades under the ticker symbol **JLG** and has been publicly listed since **October 26, 2017**. This listing provides liquidity for investors, allowing them to buy and sell shares freely on the open market.

### **Market Capitalization and Financial Standing**
As of **November 18, 2021**, JOHNS LYNG GROUP LIMITED had a **market capitalization of AUD 1,633,637,547**, indicating its total market value based on the price of its outstanding shares. This figure reflects investor confidence and the company’s position within the Australian corporate sector.

### **Ownership and Governance**
Ownership of JOHNS LYNG GROUP LIMITED is distributed among its **shareholders**, who purchase its securities on the ASX. Governance is typically overseen by a **board of directors**, elected by shareholders to manage the company’s operations and strategic direction. This structure ensures a separation between ownership (shareholders) and control (management), a hallmark of public corporations.

### **Regulatory and Compliance Framework**
As a publicly traded company, JOHNS LYNG GROUP LIMITED is subject to **strict regulatory requirements**, including financial reporting, disclosure obligations, and corporate governance standards. These regulations are designed to protect investors and maintain market integrity, ensuring transparency in the company’s operations and financial performance.

### **Role in the Australian Economy**
Public companies like JOHNS LYNG GROUP LIMITED are vital to the Australian economy, as they facilitate **capital formation** by allowing businesses to raise funds from a broad investor base. This capital supports expansion, research and development, and infrastructure projects, contributing to economic growth and job creation. Additionally, the company’s presence on the ASX provides **investment opportunities** for individuals and institutions, helping to build wealth and retirement savings for Australians.

### **Comparison with Private Companies**
Unlike private companies, which are often family-owned or backed by private equity, JOHNS LYNG GROUP LIMITED operates with **public ownership**, meaning its shares are available to anyone through the stock market. This distinction allows for greater capital access but also requires adherence to **higher transparency and regulatory standards** compared to private entities.

### **Global Context of Public Companies**
The concept of a public company is recognized worldwide, with similar structures existing in other economies under different names (e.g., "publicly traded company" in the U.S., "listed company" in the UK). JOHNS LYNG GROUP LIMITED aligns with this global model, participating in a system that drives economic activity through public investment and market-based capital allocation.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)