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What is the difference between a special share and an ordinary share in a company?

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Question added by Jotham Katumu , Managing Director , Kamugasha Agencies Ltd
Date Posted: 2014/10/28

Each of these two categories has different rights attached to it

The main distintiction between these two types of share is that special shares (or also termed as preference shares) will entitle its holders with priority during the dividend payment which normally be fixed in amount. Preference share holders also will have the priority to claim form the asset in the event of bankruptcy. However, they normally do not have right to vote in the general assembly like the ordinary share holders do.

Abdelrazek Ahmed Abdelrazek Elsayad
by Abdelrazek Ahmed Abdelrazek Elsayad , مدير شئون قانونية , الكثبان الكويتية

This share including  two kind of company

1- Limited Liability Company and this special share in Consisting of shares between the partners and the one special share Not less than one hundred dinars.

2- shareholding company  and this company Trading buying and selling shares in the stock market if it was General not closed and The stock value for one share equal100 fils .