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 ?
Prior to the acquisition, Australis held 22,079,788 common shares, 12,793,840 warrants and debentures in the principal amount of USD 16m convertible into common shares at USD 0.55 per common share.
The aggregate purchase price for the common shares was USD25,329,229.
Under this NCIB, common shares may be repurchased in open market transactions on the TSX and/or other Canadian exchanges, or by such other means as may be permitted by the TSX and applicable Canadian securities laws.
(the "forward purchaser") with respect to 6,000,000 common shares. In connection with the forward sale agreement, the forward purchaser or its affiliate is expected to borrow and sell to the underwriters an aggregate of 6,000,000 common shares that will be delivered in the offering.
Following the acquisition, the acquirors together hold 28,720,172 common shares representing approximately 19.98% of the issued and outstanding common shares (the 17,387,695 common shares held by Wilks LLC representing approximately 12.10% of the issued and outstanding common shares and the 11,332,474 common shares held by the Wilkses representing approximately 7.88% of the issued and outstanding common shares).
SMC, however, will have to file for tax-free ruling relating to the exchange of SMB and GSMI common shares for the new shares.
The Fund is issuing transferable subscription rights ("Rights") to its common shareholders of record as of August 30, 2017 (the "Record Date" and such shareholders, "Record Date Shareholders") who will be allowed to subscribe for new common shares of the Fund (the "Primary Subscription").
The Common Shares acquired by One Heart represent 20 percent of all of the issued and outstanding common shares of GINSMS.
This was in comparison with profit after tax of SEK231m, or SEK7.40 per common share, in 2013.
As a result of the buyback, 11,783,301,082 common shares were purchased from minority shareholders of BTA at the price of 0.24162 tenge per common share.
Under the amended plan, 130 PNB common shares will be issued for each Allied Bank common share while 22.763 PNB common shares will be exchanged for each Allied Bank preferred share.