Companies can issue various classes of shares, including:
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Ordinary Shares: These are standard shares with voting rights and potential dividends.
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Preference Shares: These shares typically provide fixed dividends and have priority over ordinary shares in dividend payments and asset distribution upon liquidation.
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Redeemable Shares: Shares that the company can buy back at a future date under specific conditions.
The specific rights attached to each share class should be detailed in the company’s articles of association.
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