Classified Shares
外汇网2021-06-19 16:35:32
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The separation of company equity into more than one class of common shares, usually called "Class A" and "Class B."
Also known as "classified stock".
Taobiz explains Classified Shares
The specific features of each class are set out in the corporate charter and bylaws. Voting privileges are the main reason companies create different classes, although liquidation and pidend rights may also be involved.
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