Dual -
class shares refer to the ownership structure of a company, where one class of shares holds some sort of voting power over the other.
Not exact matches
At Virginia Tech, the term «koofers» has long
referred to the practice of
sharing study materials among friends and across
classes.
Following the expiration of the lock - up agreements
referred to above, stockholders owning an aggregate of up to
shares of our
Class B common stock can require us to register
shares of our capital stock owned by them for public sale in the United States.
The fund is
referred to as «aggressive» because the composition of the fund does not necessarily reflect the composition of its benchmark index: it may invest in preferred
shares issued by Split
Share Corporations, for instance, and is not required to hold such
classes of
shares as floating rate issues, which are expected to underperform for the foreseeable future.
Upon effectiveness of that registration statement, subject to the satisfaction of applicable exercise periods, the expiration or waiver of the market standoff agreements and lock - up agreements
referred to above, and applicable volume restrictions and other restrictions that apply to affiliates, the
shares of our capital stock issued upon exercise of outstanding options to purchase
shares of our
Class A common stock will be available for immediate resale in the United States in the open market.
Following the expiration of the lock - up agreements
referred to above, stockholders owning an aggregate of up to 248,396,604
shares of our
Class B common stock (including
shares issuable pursuant to the exercise of warrants to purchase
shares of our capital stock that were outstanding as of September 30, 2015) can require us to register
shares of our capital stock owned by them for public sale in the United States.
«Common
shares» is the legal term that typically
refers to the corporation's
class of
shares that holds the minimum rights described above (right to vote, right to receive dividends, right to residual value of the corporation's assets upon the corporation's liquidation).
(The
share class is often
referred to as R -
Shares.)
As the firm explains, the first
share class, commonly
referred to as «T
shares,» aims to help financial advisers maintain their traditional business model — selling mutual funds on commission — while complying with the letter and spirit of the new conflict of interest rules.
Often
referred to as
Class A, B, or C shares, each class has different fees and expenses (see Tabl
Class A, B, or C
shares, each
class has different fees and expenses (see Tabl
class has different fees and expenses (see Table 2).
To help you make a determination as to which
class of
shares to buy, please
refer back to the examples of the Fund's expenses over time in the Fees and Expenses of the Fund section in this Prospectus.
In October 2016, we issued a dividend of one
share of
Class A common stock on all outstanding
shares and securities convertible into
shares of our capital stock, which we
refer to as the
Class A Dividend.