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The most common reason share transmission is the death of a shareholder. When a shareholder passes away, their shares need to be transferred to their legal heirs or beneficiaries as per their will or applicable laws of inheritance.
Inheritance: Share transmission often involves the transfer of shares to legal heirs or beneficiaries mentioned in the deceased shareholder's will. In cases where there is no will, inheritance laws and legal procedures determine how the shares are distributed among the heirs.