An ordinary share that entitles the holder to all rights under the German Stock Corporation Act. Some companies also issue preferred shares. A preferred share (also known as a preference share, US: preferred stock) usually has no voting rights. To compensate for this, it receives preferential treatment, particularly with regard to dividend payments.
As a rule, the stock market shows a difference in the price of ordinary shares – “common shares” in stock market jargon – and preferred shares – “preferred shares” in stock market jargon – of a company, which are hardly desirable for raiders. – See share, non-voting, protective share.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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