A share entitling its holder to dividends which vary in amount and may even be missed, depending on the fortunes of the company. Compare with preference share.
- According to Netinvest's website, it holds 1.36 million loan notes in Voxpilot, almost 600,000 ordinary shares and 100 preference shares.
- Last week multinational software company SAP, which is based in Germany, announced that it is converting its preference shares into ordinary shares in order to boost liquidity.
- His holding is now 425,879 ordinary shares and 623,334 share options.
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