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 ?
Independent Oil and Gas plc, the development and production focused oil and gas company announces that certain Directors, members of IOGs technical team and contractors have accepted all or part of their salaries and fees in new ordinary shares in the capital of the Company (Ordinary Shares) or options over Ordinary Shares (Options).
Following this change, the total number of shares amounts to 241,128,859, of which 79,067,657 class A ordinary shares, 161,029,155 are class B ordinary shares and 1,032,047 are preference shares, with the total number of votes amounting to 95,273,777.
Reportedly, this change is due to the conversion of class A ordinary shares to class B ordinary shares.
The Company further announces that it has received a notification from an option holder to exercise options over 15,000 ordinary shares in the Company at an exercise price of 3.
The Capital Increase will be conducted by way of issuance of preferential subscription rights ( Rights ) to holders of the Company s existing ordinary shares ( Existing Ordinary Shares ).
Shire plc (LSE: SHP, NASDAQ: SHPG) (the Company ) announces that, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on April 30, 2013, it purchased 6,174 of its ordinary shares of 5 pence each ( Ordinary Shares ) on September 17, 2013 through both direct purchases of Ordinary Shares, and through the purchase of Ordinary Shares underlying ADRs.