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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The NFA was also involved in allowing rice cartels to control stocks of imported rice through the use of front cooperatives and farmers association, Hontiveros further said.
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. The control groups used in this study are often described as a 'natural' control group (Frino, Lepone & Wong, 2009).
Meanwhile, the average pre-tick reduction and post-tick reduction spreads for the control stocks were HK$0.0513 and HK$0.0503, respectively.
The average paired differences in stock attributes between the pilot and control stocks are $0.28 for price, $1.47 million for trading volume, 0.0001 for return, and -0.0001 for return volatility.
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 1.1 release of the company's Qualoupe LIMS software.
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.
Farmway has built a central store for animal health products, allowing the company to control stocks more efficiently.