Ordinary share

Shares which entitle the bearer to standard shareholder rights under the provisions of the Stock Corporation Act.

Most shares traded on the German stock exchanges are ordinary shares. The shareholder rights vested in ordinary shares include in particular

  • the right to a dividend payment
  • the right to vote at the annual general meeting
  • subscription rights for new shares
  • the right to demand information during the annual general meeting
  • the right to a share of liquidation proceeds

On the German exchanges, the abbreviation for ordinary shares is "Stämme" (for "Stammaktien").

Antonym: preferred

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