Shareholding
Pupuri Hea
http://www.wakatu.org/home/whanau/shareholding/ ( 18 May, 2012 )
Wakatū Incorporation is made up of a total of 10,442,592.46 shares. The total number of shares never changes; however the number of owners may change due to descendant numbers. Currently there are approximately 3,400 shareholders. Dividends are paid according to how many shares an owner has.
To avoid the gradual diminishing of shares, Whānau Trusts are strongly encouraged to prevent fragmentation.
When a landowner dies, it is important to transfer his or her Māori land interests to the person(s) entitled to receive those interests. They are called the successors and the process is called succession.
See a list of the original owners of the South Island Tenths, as determined by the Māori Land Court in 1895.
Shares may be transferred as a gift, or as a sale
Unclaimed shareholder dividends
A Whānau Trust allows a family to bring together and consolidate land interests of a person alive or deceased.