ordinary shares

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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 ?
32% of the Company's issued ordinary share capital, as enlarged by the issue of the New Ordinary Shares.
The bank is offering up to 170,940,171 new Ordinary Shares having Nominal Value of BHD 0.
Manx Financial Group Plc (LSE: MFX), the UK's offshore banking and finance group, has said that Pershing Nominees Limited, in trust for Jim Mellon, chairman and director of the company, has purchased 325,000 ordinary shares at an average price of GBP5.
Tracsis confirms that it has received notification that Max Cawthra, Chief Financial Officer has today exercised 10,162 share options and it has today issued 10,162 ordinary shares of 0.
The Company confirms that following the receipt of a notice of exercise of employee options, it has today issued 23,122 ordinary shares of 0.
HAMILTON, Bermuda -- Aspen Insurance Holdings Limited ("Aspen") (NYSE:AHL) (BSX:AHL BH) today announced it has agreed to repurchase approximately $156 million of its ordinary shares, representing approximately 5.
In the merger of China Unistone with and into Yucheng, the China Unistone stockholders received one ordinary share of Yucheng for each outstanding share of common stock of China Unistone that they held.
88p per New Ordinary Share and 98,007 New Ordinary Shares have been issued to an independent third party consultant at 8.
Such payment date and record date correspond to the payment date and record date, respectively, for the dividend on Shire's ordinary shares.
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.