supervoting stock

(redirected from Control Stocks)

Supervoting Stock

Common stock designated by the publicly-traded company issuing it as having more voting rights than other common stock. This gives a shareholder of supervoting stock a greater amount of control over the company. For example, a company can designate its supervoting stock as having three votes and its regular common stock as having one vote. It is also called control stock. See also: Limited-voting stock, Golden share.

supervoting stock

A class of stock that provides its holders with larger than proportionate voting rights compared with another class of stock issued by the same company. For example, Dow Jones & Company has two classes of common stock: supervoting Class B has ten votes per share compared to the firm's regular common stock with one vote per share. At the end of 2001 Class B shares composed only about 20% of outstanding common stock but enjoyed nearly three quarters of the total voting power. Supervoting stock permits a limited number of stockholders to retain or gain control of a company without having to own more than 50% of all common stock outstanding. Also called control stock. Compare limited-voting stock.
References in periodicals archive ?
The Newcastle firm will be the exclusive agent in the UK for Namtek's erpwizard software, which allows companies to efficiently control stocks, sales and shipping.
x) The control stocks are then selected on the basis of stock volatility and turnover, defined as trading volume divided by the number of shares outstanding.
The control stocks are very closely matched to their underlying optioned stocks.
We also compare each of the 12 monthly SFEs after option listing to its corresponding SFE a year earlier to adjust for seasonality as well as for control stocks.
This variable has values of 0 for optioned stocks before their option introduction, and for all control stocks.
Mr Robins added: "In both businesses we have continued to improve margins and control stocks and costs.
Dr Gee reckons it could help fish farmers in the developing world to control stocks by training fish to swim to feeding stations.
It will order and manage product deliveries from suppliers, control stocks in the distribution centres, and manage store deliveries and reordering.
At Berger, Fenton focused on analysis of technology, telecommunication equipment and pollution control stocks.
Inside-trading tracker CDA/Investnet anticipates sales of restricted and control stocks will nearly double to $10.
com on the World Wide Web designed specifically as a portfolio planning tool for holders of restricted and control stock.
Farmway has built a central store for animal health products, allowing the company to control stocks more efficiently.