Common Stock

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Common Stock

 

shares of stock that convey the right to receive income in the form of dividends. Dividends vary with the amount of profit a stock company has earned. There is also preferred stock, which generates income according to a preset fixed percentage that does not vary with any increase or decrease in profits. The big capitalists who establish joint-stock companies usually retain the preferred stock and sell the common stock to the ordinary stockholders.

References in periodicals archive ?
Duffar's multiple voting shares, the outstanding share capital of Cossette will be comprised of 4,294,258 multiple voting shares and 12,418,810 subordinate voting shares.
of Simplot for applying the percentage of the company's value method would be equally persuasive if a larger number of voting shares were outstanding while the decedent's ownership percentage remained unchanged or in the case of a general partnership interest.
The management of Glen Burnie ("Commenter") has objected to the proposal, contending that First Mariner does not have the financial resources to acquire all the voting shares of Glen Burnie, particularly in light of Glen Burnie's shareholders rights plan.
Dundee Corporation purchased an aggregate of 311,945 Subordinate Voting Shares at an average price of $26.
The reorganization simplified the holdings of the individuals by in effect converting Class A voting shares held by them indirectly through Stampco and Atcan into direct holdings of Class B non-voting shares or holdings of Class A voting shares through Southhill Strategy Inc.
3 Amalco subordinate voting shares for each Global subordinate voting share and Global multiple voting shareholders will receive 0.
Dobbin has purchased the Multiple Voting Shares for investment purposes.
The monthly payments can be made in cash or subordinate voting shares under certain circumstances, or a combination of cash and subordinate voting shares.
The rights are not triggered by purchases of voting shares made pursuant to a "Permitted Bid," a take-over bid made for all voting shares to all holders of voting shares on identical terms, or transactions deemed by the board of directors to be fair to all shareholders and approved by the board.
As at the close of business on November 16, 2005, the Company had outstanding 56,807,395 Subordinate Voting Shares (one vote per share), 11,844,233 Multiple Voting Shares (10 votes per share), which are convertible into Subordinate Voting Shares on a one-for-one basis and 382,979 Class II Preferred Shares, Series 1.
Completion of the transaction is subject to certain conditions, including approval by 75 percent of the holders of Hertel's voting shares and of the holders of Hertel's non-voting shares represented at the special meeting of Hertel called to approve the recapitalization transaction which has been scheduled for July 15, 1993, forgiveness of certain Hertel debt by the bank consortium and any United States and European regulatory filings and approvals.
ii) change the outstanding multiple voting shares and subordinate voting shares into common shares on the basis of one common share for each 20 multiple voting shares and one common share for each 20 subordinate voting shares; and