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Common stock shareholders in a publicly-traded company have certain rights pertaining to their equity investment, and among the more important of these is the right to vote on certain corporate matters.
Shareholders typically vote for the board of directors at the annual meeting of shareholders. In most cases, shareholders can vote in person at the meeting or by proxy, which allows them to appoint someone else to vote on their behalf. Some companies may also allow shareholders to vote by mail or online.
????? Common Stock: Shares of stock in a corporation that give the shareholder a proportionate interest in the corporate with regard to voting, earnings, and net assets.
A common stock is a class of stock issued by a company that represents a portion of ownership in the company. It comes with voting rights, a share in dividends when issued by the company, and some liquidation rights in the case of bankruptcy. Corporations issue stock to raise money for operations and growth.
Common stock generally carries voting rights, while preferred stock does not; however, this will vary from company to company.