In finance, a share class or share classification are different types of shares in company stock that have different levels of voting rights. For example, a company might create two classes of shares class A share and a class B share where the class A shares have less rights than class B shareholders. This may be done to maintain control of a company by a group of shareholders or to make a company more difficult to take over.
Companies can have the following classes:
- Ordinary shares
- Preference shares
- Non-voting stock
- Redeemable shares
- Convertible shares
- Deferred shares
- "What types of share can a company have?". inform direct. May 9, 2019.
- "How Many Types or Classes of Shares Can a Company Have?". Retrieved June 9, 2019.