Definition of non-voting share
Non-voting shares are issued by companies who wish to gain extra capital without giving any control or a fixed dividend to the investor. In the UK, they were often issued by family companies, to avoid dilution of family control. However, the trend here has been to enfranchise all shareholders, so these shares are now very rare. Non-voting shares can still be found in continental European companies. They are sometimes known as 'A' shares.
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