Accumulating shares are shares where the income (dividends) is not paid out to shareholders, but instead reinvested back into the investment.

These are commonly seen in:

Investment funds

Mutual funds

Instead of receiving cash dividends:

The profit is added to the value of the shares

The share price increases over time

This helps investors benefit from compound growth.

In simple terms, accumulating shares are shares where profits are reinvested instead of being paid as cash dividends.