Class A shares typically have more voting rights and higher dividends compared to Class B shares. Class A shares are usually offered to the general public, while Class B shares are often reserved for company insiders or founders.
Berkshire Hathaway has two classes of common stock. Class A shares and class B shares. A class B share represents 1/1,500 the equity in the company as a class A share. Class A shares can be converted to class B shares at any time, but class B shares only carry 1/10,000 the voting rights of a class A share. Please see http://www.berkshirehathaway.com/compab.pdf for more details.
Class A shares typically have more voting rights and higher dividends compared to Class B shares in a company. Investors holding Class A shares usually have more control over company decisions, while Class B shares are often held by company insiders or employees.
To convert Berkshire Hathaway stock from Class A (BRK.A) to Class B (BRK.B), you need to sell your Class A shares and then use the proceeds to purchase Class B shares. However, it's important to note that Class A shares cannot be directly converted into Class B shares. You should consult a financial advisor for specific guidance tailored to your situation and consider market conditions before making any transactions.
Class B shares are typically subordinate to Class A common shares in terms of voting rights and sometimes dividends. Class A shares usually have more voting power, giving their holders greater influence over corporate decisions. However, the specific rights and privileges of each class can vary by company, so it's important to refer to the company's charter or bylaws for exact details.
Berkshire Hathaway's Class B shares (BRKB) were first offered to the public on January 21, 1996. The creation of Class B shares allowed more investors to buy into the company at a lower price point compared to Class A shares (BRKA). This move was part of Warren Buffett's strategy to make Berkshire Hathaway more accessible to a wider range of investors.
In the Burlington Northern merger, shareholders received shares of Berkshire Hathaway Class A and Class B stock as part of the transaction. The cost basis allocation for these shares is generally determined based on the relative fair market value of both classes of stock at the time of the merger. Typically, the cost basis of the original Burlington Northern shares is split between the Class A and Class B shares based on their respective values, which ensures accurate tax reporting. It is advisable for shareholders to consult tax professionals for precise calculations and guidance tailored to their individual circumstances.
BRK.A is the symbol for the preferred stock BRK.B is the symbol for the common stock
Shell oil is also Royal Dutch. The ticker is RDS.ARoyal Dutch Shell is:RDS.A or RDS/A class A shares, New York Stock ExchangeRDB.B or RDS/B class B shares, New York Stock ExchangeRYDAF, pink sheets
The main difference between Google Class A and Class C shares is in their voting rights. Class A shares come with voting rights, allowing shareholders to have a say in company decisions, while Class C shares do not have voting rights.
Class A shares typically have more voting rights and higher dividends compared to ordinary shares. Additionally, Class A shares are usually held by company insiders or institutional investors, while ordinary shares are available to the general public.
The old ticker symbol for Shell Oil prior to the name change to Royal Dutch Shell was RDS.A for the Class A shares and RDS.B for the Class B shares.