TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MULTIPLE VOTING RIGHT [1 record]

Record 1 1991-11-12

English

Subject field(s)
  • Stock Exchange
  • Investment
CONT

Such right is in addition to the right of holders of class A common stock to vote together with the holders of class B common stock in the election of all other directors. As a result of the multiple voting rights of the class B common stock, the ability of holders of class A common stock to influence the election of directors will likely be limited, depending upon the number of shares of class B common stock that remain outstanding at any time.

OBS

The term "multiple voting right" was found in Moody's OTC Industrial News Reports, of October 7, 1985.

French

Domaine(s)
  • Bourse
  • Investissements et placements
CONT

On peut considérer que la Corporation a ainsi quelque peu «régularisé» sa situation, en acquérant du capital ordinaire en échange de quelques actions supplémentaires avec droits de votes multiples.

Spanish

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