Closed corporations are not publicly traded on any stock exchanges and are, therefore, closed to investment from the general public. Shares are often held by the owners/managers of the business and sometimes even their families. When a shareholder dies or has a desire to liquidate his or her position, the business or remaining shareholders will buy back the shares.
закрытое акционерное общество (с ограниченным числом участников, не имеющих права продавать свои акции без согласия других акционеров)