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Ordinary shares

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Ordinary shares

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • October 18, 2017 at 9:25 pm #412378
    humai
    Participant
    • Topics: 757
    • Replies: 248
    • ☆☆☆☆☆

    Hi,

    Can their be ordinary shares without voting rights?

    October 18, 2017 at 9:29 pm #412382
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    Yes, that’s possible. But it would be most unusual

    The rights attached to any class of share are defined by the constitution and if that constitution states, for example, that the “A Ordinary shares shall have no voting rights” then those A Ordinary Shares have no voting rights.

    It’s as simple as that

    OK?

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Ordinary shares’ is closed to new replies.

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