Can A Company Hold Shares In Itself As Trustee. Click to see full answer. As the legal owner of those shares is the trustee, this results in the trustee owning shares in itself.
You can used trusts that have a trading function, hold shares in an operating company, or hold personal assets. Technically, a trust cannot own shares in a company as it is not a separate legal entity, it is just a relationship. The member holds the share for the benefit of someone else).