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There is no statutory procedure for converting shares from one class to another. It may be done with the consent of all the shareholders affected. The safest course is to pass a resolution to which all the shareholders consent because, in practice, changing the rights on one person's shares may well
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where the class A shares have fewer rights than class B shareholders. This may be done to maintain control of a company by a group of shareholders or to make a company more difficult to take over.
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that have different levels of voting rights. For example, a company might create two classes of shares
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have an effect, at least in practice on the rights of all the other shareholders.
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182:"How Many Types or Classes of Shares Can a Company Have?"
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62:cannot agree to a merger or takeover plan.
74:Companies can have the following classes:
16:Different types of shares in company stock
154:"What types of share can a company have?"
168:"Company Law Club // Classes of shares"
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50:For example, a company may create
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58:that so that all shareholders of
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156:. inform direct. May 9, 2019.
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31:are different types of
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99:Convertible shares
209:Equity securities
94:Redeemable shares
84:Preference shares
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124:Restricted stock
89:Non-voting stock
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103:Deferred shares
79:Ordinary shares
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52:preferred stock
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119:Phantom stock
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185:. Retrieved
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134:Stock option
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60:common stock
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129:Shareholder
114:Partly paid
56:poison pill
35:in company
25:share class
140:References
203:Category
108:See also
187:June 9,
70:Classes
21:finance
43:and a
33:shares
54:as a
189:2019
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