ordinary shares


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Related to ordinary shares: preference shares

ordinary shares

the shares issued to members of a limited company. These represent the equity or risk capital of a company; they carry no prior rights in terms of entitlement to dividend or return of capital on a winding-up. Ordinary shares generally carry full voting rights. Different are preference shares, which entitle the holder to a stipulated fixed rate return in the form of a dividend (like the fixed rate return to which holders of loan stock are entitled) whereas the dividend declared in respect of the former is purely a matter for the directors and subject to approval by the shareholders in general meetings. In the event of a winding-up, holders of preference shares are entitled to be paid before ordinary shareholders.
References in periodicals archive ?
Under this conversion, the number of class A ordinary shares has decreased by 142,000, while the number of class B ordinary shares has increased by the same number.
As a result of the Option Exercise, the Company will issue a total of 3,350,000 new ordinary shares in the capital of the Company (the "New Ordinary Shares").
Reportedly, this change is due to the conversion of class A ordinary shares to class B ordinary shares.
Each Shareholder shall be entitled to purchase approximately two Ordinary Shares for 10 Ordinary Shares held.
Following the purchase, Pershing Nominees Limited holds 843,666 ordinary shares in trust for Mellon, representing 0.
Immediately prior to the Company's initial public offering of ADSs on December 19, 2006 (the "IPO"), the Company had 1,000,000,000 total ordinary shares issued and outstanding.
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.
No shares were disposed of, and following this exercise, Max Cawthra increased his interests in Tracsis to 188,022 ordinary shares representing 0.
Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 27,672,884.
The repurchase was made under the terms of Aspen's share repurchase program authorized by the Board of Directors and announced on November 8, 2006, for a total repurchase program of up to $300 million of its ordinary shares within two years.
NEW YORK -- In connection with the below described transaction and the change of its name from China Unistone Acquisition Corporation (OTC Bulletin Board: CUAQ) ("China Unistone") to Yucheng Technologies Limited, the ordinary shares and warrants of Yucheng were admitted for trading on the Over-the-Counter Bulletin Board, and they began trading on that market on November 28, 2006, under the symbols YCHT.