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:
“Why does he not know how to select servants? The ordinary procedure of the nineteenth century is that when a powerful and noble personage encounters a man of feeling, he kills, exiles, imprisons or so humiliates him that the other, like a fool, dies of grief.”
—Stendhal [Marie Henri Beyle] (1783–1842)
“Anyone who knows a strange fact shares in its singularity.”
—Jean Genet (1910–1986)