DEFINITION of 'Classified Shares'
The separation of company equity into more than one class of common shares, usually called "Class A" and "Class B."
Also known as "classified stock".
INVESTOPEDIA EXPLAINS 'Classified Shares'
The specific features of each class are set out in the corporate charter and bylaws. Voting privileges are the main reason companies create different classes, although liquidation and dividend rights may also be involved.
1. Types of listed company stock that are differentiated by the ...
A security that represents ownership in a corporation. Holders ...
A designation applied to a specified type of security such as ...
A fund structure that allows investors to pool assets while retaining ...
Shareholders who hold their shares directly with a company.
A director's responsibility to act at all times in the best interests ...