Ordinary Shares

Ordinary Shares definition

/ˈɔːdɪn(ə)ri,ˈɔːd(ə)n(ə)ri/ /ʃɛː/

What does Ordinary Shares mean?

Ordinary shares are the default type of shares of a company (CA 2006, s 560). Generally, they carry voting rights, rights to dividends and a right to participate on a winding up in any excess assets. Companies may issue different classes of ordinary shares, each with their own distinct rights.

Variances

Common Shares

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