2006-08-07 07:30:19 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Typically, they carry different voting rights. Details vary by company.
2006-08-07 07:35:40 · answer #1 · answered by NC 7 · 0⤊ 0⤋
Class A Shares
A division of common stock accompanied by more voting rights than Class B shares.
Class B Shares
A division of common stock accompanied by fewer voting rights than Class A Shares.
2006-08-07 14:38:52 · answer #2 · answered by williegod 6 · 0⤊ 0⤋
If you are referring to a company's stock then NC's answer is correct.
If you are referring to the shares of mutual funds, then the difference is whether the bulk of the sales commission is
"upfront" or "back loaded". A shares have a upfront sales charge and lower continuing expenses. B shares have no upfront charges but have a declining back load charge if you decide to get out of them before a period of time, usually 5 to 7 years. B
shares also have higher continuing expenses.
2006-08-07 14:41:35 · answer #3 · answered by Rrf00 3 · 0⤊ 0⤋