InvestorsHub Logo
Followers 7
Posts 772
Boards Moderated 0
Alias Born 11/16/2004

Re: Imagineer66 post# 24433

Wednesday, 12/23/2020 5:47:39 PM

Wednesday, December 23, 2020 5:47:39 PM

Post# of 45152
The reason why they have the alternate name "Voting Shares" is because they vote.
Preferred shares are sometimes giving voting rights on aspects of the nature of the "preference." The company can't change the nature of the Preferred Shares without the owners of that stock having a say.
But Commons Shares are voting shares when it comes to the operation of the business.