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 ?
Jobs were also being lost in the charter angling fleet due to new EU regulations on recreational sea angling, said the Ukip leader, who said that Norway, outside the EU, was able to control stocks up to 200 miles off its shores and had a "booming" commercial fishing and angling industry.
These are henceforth known as the Phase 1 control stocks.
Meanwhile, the average pre-tick reduction and post-tick reduction spreads for the control stocks were HK$0.
The ability to automatically control stocks of consumables while processing samples can be a major time saver for busy laboratory managers, which is why Two Fold Software has added a Consumable Stock Control software module to its Version 1.
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.
Mr Robins added: "In both businesses we have continued to improve margins and control stocks and costs.
Therefore, if the government did not issue license for more import, the price will most likely increase, and the ones to gain are traders, who control stocks up to around 90%.
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.
Inside-trading tracker CDA/Investnet anticipates sales of restricted and control stocks will nearly double to $10.
Farmway has built a central store for animal health products, allowing the company to control stocks more efficiently.