Common Stock

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The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

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.

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The shares were held within John Folkes' - James and Constantine's now deceased father - will trust fund and their transfer means Constantine Folkes, his wife Angela and his son Samson, now directly control 66 per cent of the voting shares and five per cent of the non-voting.

Folkes' grip tightens with sibling's stake

* 22,727,272 variable voting shares of Jetlines representing approximately 21.2% of Jetlines' total common shares and variable voting shares issued and outstanding (assuming conversion of all Subscription Receipts); and

SmartLynx Airlines SIA: Early Warning Report

The estate's position was that the class A voting shares should have the same value as the class B nonvoting shares.

Estate of Simplot: the Tax Court applies a significant premium to voting privileges

Pursuant to the terms of the Combination Agreement, ABS will create a new class of proportionate voting shares (the "Proportionate Voting Shares") and alter the identifying name of its common shares to be subordinate voting shares (the "Subordinate Voting Shares").

American Biofuels Inc. Announces Proposed Reverse Takeover By Paragon Processing, LLC and Arrangement of Financing for up to $20 Million

The carrier is now authorised to purchase up to 6,914,330 common voting shares and variable voting shares.

WestJet approves dividend increase

Ruling that common sense dictated that the voting shares' "inherent potential for influence and control of the [Simplot] company" made them "far more valuable" than the nonvoting shares, the Tax Court adopted the percentage of the company's value method.

Tax Court bases premium for minority interest on percentage of company value

It added: 'Based on this construction, the Folkes family has at all times since the Articles were amended on May 20 1999 held more than 40 per cent of the issued voting share capital of Folkes Group and, accordingly, the conditions requiring enfranchisement of the nonvoting shares have not been met.

Folkes in talks after confusion settled

ACE Aviation Holdings Inc (TSX:ACE.A), a Canadian holding company with various aviation interests including Air Canada, reported yesterday that it has completed the sale of 44m Class B voting shares of Air Canada in a secondary offering on a bought deal basis.

ACE Aviation concludes sale of 44m Air Canada shares

The conversion price per subordinate voting share is CDN0.05 for up to one year following closing and is CDN0.10 per subordinate voting share after such date in the event the Investor elects to extend the term.