What are the types of shares in place?
Shares may be: – Ordinary (ON): those that grant vote right at the company meetings – Preferred (PN): offering preference in receiving of results or in the reimbursement of capital in case of liquidation of the company. However, preferred shares do not grant the right of vote not restrict it. Preferred shares may even be distinguished as A, B, C classes or any other letter that stands after the ¿PN¿. The characteristics of each class are established by the share issuing company in its articles of incorporation. These differences vary from company to company; therefore, it is not possible to make a general definition of share classes.
