Shares of common stock usually have one vote per share. Shares of preferred stock, are usually non-voting. However, when family owned companies are taken public, it is not uncommon for family members to retain voting shares or hold super voting shares to help them retain control of the company and the board of directors.
Related Fool Articles
- [link link title]
Recent Mentions on Fool.com
- Under Armour Investors: Don't Worry, CEO Kevin Plank Has Your Back
- Under Armour Has Another Record Quarter, but Profits Slip: 4 Things You Need to Know
- Comcast Is Spending $4 Billion On What?
- Prospect Capital Corp.: Dilution Approved
- Prospect Capital Corp. Shareholders Push Back
- Shareholder Pressure Pops at Coke