Common Stock

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Common Stock

Evidence of participation in the ownership of a corporation that takes the form of printed certificates.

Each share of common stock constitutes a contract between the shareholder and the corporation. The owner of a share of common stock is ordinarily entitled to participate in and to vote at stockholders' meetings. He or she participates in the profits through the receipt of dividends after the payment of dividends on preferred stock. Shares of common stock are the Personal Property of their holder.

common stock

n. stock in a corporation in which dividends (payouts) are calculated upon a percentage of net profits, with distribution determined by the Board of Directors. Usually holders of common stock have voting rights. These are distinguished from preferred stock in which the profits are a predetermined percentage and are paid before the common shareholders who gamble on higher profits, and collectively have voting control of the corporation. (See: corporation, stock, share, preferred stock)

See: kinship, relation
References in periodicals archive ?
The Preferred Shares will only be converted into Common Shares after the Preferred shareholders surrender their preferred share certificates to any of the Company's addresses in Canada, Philippines or the U.
Direct IT common shares are presently halted from trading and it is proposed that the trading halt will remain in effect until receipt of final shareholder and TSX Venture Exchange approval and all other closing conditions are met.
an insider of the Corporation, which has purchased 4,044,118 common shares totalling a placement of $1,375,000.
The number of common shares of Icefloe issued and outstanding is currently 7,249,592 common shares.
At present, Cannasat has 12,000,000 Common Shares and 9,449,238 Class A Shares issued and outstanding.
The common shares, the flow through shares and the warrants comprising the Units as well as the underlying common shares to the warrants will be subject to a resale restriction for a period of 4 months and 1 day following the closing date.
to Acquireco in consideration for the assumption of all liabilities of the existing business and operations of Direct IT plus 1,020,000 common shares of Direct IT, representing all of the shares of Direct IT currently held by George Lykoudis, the President of Direct IT.
Following this closing, 402,000 Common Shares, 729,000 flow through shares and 645,000 Common Share Purchase Warrants will be issued further to the subscription of the Units A and B.
The forward counterparty is initially selling 6,800,000 common shares (or 7,720,000 common shares if the underwriter exercises its over allotment option in full) in a public offering at $15.
together, the "Sputnik Group"), it has acquired, 207,600 common shares of Innova Exploration Limited ("Innova"), representing 0.
After completion of the Amalgamation, holders of Lonsdale Common Shares will hold 6,532,662 Amalco Common Shares.