Class A, Class B, Class C, and dual-class companies
A company can create two classes of shares that have different voting rights for shareholders. These dual-class companies typically have Class A and Class B shares. For example, Berkshire Hathaway’s stock has Class A (BRK.A) shares, costing around US$610,000 (at the time of writing) and Class B shares (BRK.B) - the ‘Baby Berkshires’ - costing around US$300. The Class B shares are aimed to be more accessible for investors who want to own whole shares rather than fractional shares. Investors who own Class B shares may not get voting rights, but they do receive dividends. Learn more about Class A, Class B and dual-class companies.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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