Home » Investment Glossary » Golden Share

Golden Share

 

golden shareA golden share is a special type of share,which gives the shareholder the right of veto power against any change in the company.The shareholder having this especial right can also stop any kind of company  takeover by another company.It also stops other shareholders to get more than ordinary shares rights.

 

Golden shares are mostly used in the companies based in United Kingdom.These types of share rights controls more than 50% voting rights of the shareholders.A company can only issue these types of share after making lot of editing in the Articles of association and Memorandum of Association.

Facebooktwittergoogle_plusredditpinterestlinkedinmailby feather

About Emaad Qureshi