Ordinary Shares
Ordinary shares are also known as equity shares and they are the most common form of share in the UK. An ordinary share gives the right to its owner to share in the profits of the company (dividends) and to vote at general meetings of the company. The residual value of the company is called common stock. A voting share (also called common stock or an ordinary share) is a share of stock giving the stockholder the right to vote on matters of corporate policy and the composition of the members of the board of directors.
Read more about this topic: Common Stock
Famous quotes containing the words ordinary and/or shares:
“Certainly, then, ordinary language is not the last word: in
principle it can everywhere be supplemented and improved upon, and superseded. Only remember, it is the first word.”
—John Austin (1911–1960)
“Whatever house you enter, first say, Peace to this house!’ And if anyone is there who shares in peace, your peace will rest on that person; but if not, it will return to you.”
—Bible: New Testament, Luke 10:5,6.