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NRS2005

12/23/20 5:47 PM

#24435 RE: Imagineer66 #24433

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.