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common shares

common shares

3 3.8
A part of a company you can buy that gives part of the profit and the right to vote
  • noun
  • Canadian
translation icon : acciones ordinarias
  • The company says it will buy back 20 million common shares to increase shareholder value.
  • common shares held
  • directly holds common shares
  • million common shares

Examples

  • Most shares of stock are called "common shares."

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  • The deal includes debt, as well as the sale of both convertible preferred and common shares, and includes a wide range of players.

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  • In late August, China Automotive Systems' management announced the approval of a share repurchase program of up to $5 million of its common shares periodically over the next 12 months.

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  • To focus on GM, in the end the government received common shares (61%) of new GM, essentially at $41 per share (DIP financing).

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  • At 12/31/2009, there were 648,549,165 common shares issued and outstanding and three issues of Convertible Preferred stock (total shares = 4,659,515) with liquidation preference.

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  • Based on the weighted average number of basic and diluted common shares of 19.595 million shares, basic and diluted net loss per share resulted in a net loss of $0.03 per basic and diluted share during the third quarter ended September 30, 2012.

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  • Williams owns about 6 million of 12 million common shares, which gives him voting rights in the corporation.

  • Cisco paid a cash dividend of $0.14 per common share, benefiting all shareholders equally.

Synonyms

stock
vscommon shares
3.5

A part of a company that people buy and sell

specifies particular profit and voting rights rather than general ownership interest
share
vscommon shares
  • Specialized
416 3.7

One equal part of a company that you can buy

is about ownership with profit and voting rights rather than just capital units
common stock
vscommon shares
  • US
8 4.0

Shares that give part ownership of a company and usually voting rights

is the same concept but uses an alternative common term
voting stock
vscommon shares
  • Specialized
1 6.4

Shares that give the owner the right to vote on company decisions

focuses only on voting while the key includes both profit sharing and voting
ordinary shares
vscommon shares
  • UK
5.2

A form of stock giving part of profits and voting rights but no priority for dividends or assets

is the same but without stressing absence of preferential rights

Surface Forms

common shares singular
common shares plural

Morphology

common + share

The meaning is directly derivable from combining 'common' (ordinary/shared) with 'share' (a unit of company ownership): 'common shares' simply denotes ordinary/regular shares. This is a regular adjective + noun composition common in many languages and contexts, so a B1 learner who knows both constituents can reasonably infer the meaning.

Etymology

The term common shares comes from the image of cutting a cake into pieces: a share is one piece and common means those pieces go to the regular owners. That's why common shares today mean owning a part of a company; owners get some of the 'profits' and can 'vote' on company choices.