Business, Legal & Accounting Glossary
An equity share distribution that involves issuing different classes of shares to different investors. It is often used by the management or founders of a company in order to retain control after a private company goes public. Under dual-class ownership, the management assigns more voting rights to Class B Shares, allowing management to sell a larger amount of stock while retaining a larger portion of voting rights.
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This glossary post was last updated: 20th November, 2021 | 0 Views.