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:
“The Fashionable World is grown free and easie; our Manners sit more loose upon us: Nothing is so modish as an agreeable Negligence. In a word, Good Breeding shows it self most, where to an ordinary Eye it appears the least.”
—Joseph Addison (1672–1719)
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—Anonymous Mother. Ourselves and Our Children, by Boston Women’s Health Book Collective, ch. 6 (1978)