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 ?
to the same rights and restrictions as the Existing Ordinary Shares.
has received 900,000,000 Ordinary Shares in Sentinel Resource Holdings plc as consideration.
Shares and CREST accounts credited with New Ordinary Shares 16 June 2014
Secretary 10 April 2014 *1 ADS is the equivalent of 4 Ordinary Shares.
per share Share Ownership Plan: 10,000 Ordinary shares at [pounds
The Perpetual PIERS will be convertible, at the option of the holder, into non-convertible perpetual preference shares and, under certain circumstances, ordinary shares and convertible, at our option, into cash and, under certain circumstances, ordinary shares.
12 per share 535 Ordinary shares at [pounds sterling]27.
This announcement follows the conclusions of VocalTec's management, after reviewing the opening quotes in its ordinary shares and the results of initial trading today, that, notwithstanding its prior disclosures, not all market participants may be aware that its shares are trading on a post-reverse split basis, such that each share purchased or sold today is equivalent to 13 ordinary shares traded last Friday.
of the Company, had purchased 411 Ordinary Shares on 11 November
Together with 1,196,917 ordinary shares it has previously acquired, Equity One now owns a total of 1,559,274 ordinary shares, representing 21.
Schemes/Plans: Executive Share Scheme: 1,000 Ordinary shares at [pounds
The meeting of the holders of Exchangeable Shares of Shire Acquisition was held in connection with the proposed scheme of arrangement between Shire Pharmaceuticals Group plc ("SPG") and its holders of ordinary shares under section 425 of the UK Companies Act 1985 (the "Scheme"), as announced by SPG on September 8, 2005.