ORDINARY SHARES Definition & Meaning

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ordinary shares

plural noun

shares representing part of the capital issued by a company and entitling their holders to a dividend that varies according to the prosperity of the company, to vote at all meetings of members, and to a claim on the net assets of the company, after the holders of preference shares have been paid US equivalentcommon stock Compare preference shares See also A shares

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The company said its board had approved and would file on Tuesday an application to delist its ordinary shares from Milan bourse.

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"The subordinated securities potentially exchange into fully paid ordinary shares of CBA if a non-viability trigger event occurs," the bank said.

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GE Capital US Holdings Inc expects to grant the underwriters a 30-day option to purchase up to 4.9 million additional ordinary shares.

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The Japanese conglomerate will own 90.6% of Arm's ordinary shares after the offering closes, the company said, adding that it will not receive any proceeds from the IPO.

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The Japanese conglomerate will own 90.6% of Arm's ordinary shares after the offering closes, the company said in a filing.

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