Common shares


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Common shares

In general, a public corporation has two types of shares, common and preferred. The common shares usually entitle the shareholders to vote at shareholders meetings. The common shares have a discretionary dividend.

Common Stock

Stock in a publicly-traded company that entitles holders to vote in the annual meeting, to elect the board of directors, and to generally exercise control of the company. While common stockholders are important in terms of their level of control, they have the least precedence in the event of liquidation. That is, if the company goes bankrupt, common stockholders do not receive any money until all bondholders, other debt holders, and preferred shareholders are paid in full. Likewise, common stock is not entitled to a guaranteed dividend. Common stock is also called ordinary stock.
References in periodicals archive ?
2245% of the number of shares underlying such component; and, assuming the Company has not previously elected prepayment with respect to such component (or have subsequently repaid such prepayment), the forward counterparty will pay the Company an amount of cash equal to the forward floor price, multiplied by the number of common shares underlying such component.
The Sputnik Group acquired the common shares through the facilities of the Toronto Stock Exchange for investment purposes, and may acquire further common shares, or dispose of their holdings of common shares both as investment conditions warrant.
As a result, the 12,000,000 Cannasat Common Shares were consolidated and converted into 23,049,390 Amalco Common Shares.
The common shares and the warrants as well as the common shares underlying the warrants and the compensation options are subject to a four-month hold period under applicable securities laws.
At present, Cannasat has 12,000,000 Common Shares and 9,449,238 Class A Shares issued and outstanding.
As a result, he will directly and indirectly own 6,152,336 common shares compared to 568,000 common shares and his ownership will increase to 3.
Including the titles issued with this second closing, the Metanor's capital is composed of 19,142,598 common shares, 7,949,467 common share purchase warrants, 491,600 broker warrants (including 187,500 broker warrants to subscribe for A Units).
Pursuant to the terms of the Business Combination: (i) the holders of the Newco common shares will receive one common share of Amalco (the "Amalco Common Shares") with a deemed value of $0.
The common shares, the flow through shares and the warrants comprised in the Units A and B 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.
TSX:GDS) intends to purchase a maximum of 765,799 of its Common shares, being five (5%) percent of the 15,315,986 currently issued and outstanding Common shares.
After the Completion of the financing the Company will have 80,711,257 common shares outstanding.