ordinary shares


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Related to ordinary shares: preference shares

Ordinary shares

Apples mainly to international equities. Shares of non-U.S. companies traded in their individual home markets. Usually cannot be delivered in the U.S. See: ADR.

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.

ordinary shares

The European equivalent for shares of common stock. Ordinary shares are held in trust as backing for American Depositary Receipts.

ordinary shares

or

equity

a FINANCIAL SECURITY issued to those individuals and institutions who provide long-term finance for JOINT-STOCK COMPANIES. Ordinary SHAREHOLDERS are entitled to any net profits made by their company after all expenses (including interest charges and tax) have been paid and they generally receive some or all of these profits in the form of DIVIDENDS. In the event of the company being wound up they are entitled to any remaining ASSETS of the business after all debts and the claims of PREFERENCE SHAREHOLDERS have been discharged. Ordinary shareholders generally have voting rights at company ANNUAL GENERAL MEETINGS which depend upon the number of shares which they hold. However, some UK and overseas companies have both voting and NONVOTING SHARES, where the company founders or directors have sought to raise new share capital without diluting their control by issuing non-voting shares. See also SHARE CAPITAL.

ordinary shares

or

equity

a FINANCIAL SECURITY issued to those individuals and institutions who provide long-term finance for JOINT-STOCK COMPANIES. Ordinary SHAREHOLDERS are entitled to any net profits made by their company after all expenses (including interest charges and tax) have been paid, and they generally receive some or all of these profits in the form of DIVIDENDS. In the event of the company being wound up (see INSOLVENCY), they are entitled to any remaining ASSETS of the business after all debts and the claims of PREFERENCE SHAREHOLDERS have been discharged. Ordinary shareholders generally have voting rights at company ANNUAL GENERAL MEETINGS, which depend upon the number of shares that they hold. See also SHARE CAPITAL.
References in periodicals archive ?
Ten per cent of the Ordinary Shares of Alba, amounting to 142,000,000 Ordinary Shares, in the form of 69,018,875 Ordinary Shares and 14,596,225 GDRs, were offered by Mumtalakat .There will be no over-allotment in connection with the offering.
Also, acquisitions may be made at a price within the registered price interval at any given time and all acquired ordinary shares shall be paid in cash.
Including exercise of the additional purchase option, the Elan subsidiary is expected to own 7.75m ordinary shares, subject to transfer restrictions.
The new ordinary shares will rank pari-passu with existing ordinary shares and it is expected that Admission will occur at 8.00 a.m.
Each class A ordinary share entitles to one vote, while each class B ordinary share, as well as each preference share, entitles to one-tenth of a vote.
The independence of the third party enables the Company to continue to purchase Ordinary Shares (including Ordinary Shares underlying ADRs) during close periods and other prohibited periods, should they arise.
The ordinary shares that United Drug bought back will be cancelled in a move that will reduce the size of the company's issued share capital to 239,197,994 shares.
Beginning on November 16, 2018, the company's ordinary shares will trade on the NASDAQ on post-consolidation basis.
Takeda Pharmaceutical Company Limited and TiGenix NV announced the results of the second acceptance period of Takedas previously announced tender offer (the Bid) in cash for all outstanding ordinary shares (Ordinary Shares), warrants (Warrants) and American Depositary Shares (ADSs, and together with the Ordinary Shares and the Warrants, the Securities) of TiGenix that are not yet owned by Takeda and its affiliates, which expired as scheduled on July 3, 2018, at 4 p.m.
Victoria Park AB (STO:VICPA), a developer and manager of property in South Sweden, reported on Friday that during September 2017, the number of votes and the distribution between class A ordinary shares and class B ordinary shares in the company has changed due to the conversion of class A ordinary shares to class B ordinary shares.
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 GBP5.9762 per share.
JMU has changed the ratio of its American depositary shares to ordinary shares, par value $0.00001 per share, from one ADS representing 18 ordinary shares to one ADS representing 180 ordinary shares, effective on July 31.