Daily Point 2299 - Class B Shares

 

The Banking Tutor 

Daily Point 2299 

Class B Shares 

Class B shares are more commonly known as preferred stock or preferred shares. This name comes from a lot more advantage of class B shares even if the purchase amount might be lower. Class B share comes with a very small voting power given to its shareholders. Sometimes the votes might be as low as one voter per shareholder for each of the shares they hold. 

Sekhar Pariti

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