State laws generally are liberal in allowing corporations to issue different classes of stock … In most cases, a company will issue one class of voting shares and another class … However, some companies may issue two classes of common stock. Classifications of common stock. In the most general terms, there are two main types of stock: For example, a business may offer Class A and Class B stock shares, giving Class A stockholders a vote in elections for the board of directors but not granting voting rights to Class B stockholders. There is no unified classification of common stock. In the case of Google the voting rights of Class B stock vs. Class A stock is 10 to 1.

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