In the article about the different types of shares among other things, you learned about their properties and other information such as the Voting rights for shares experienced
The question of how to recognise types of shares came up again and again.
In this article, you will therefore learn how you can Identify individual share types can.
Most often, companies issue (in technical jargon, "issue") ordinary shares. On the stock exchange are Ordinary shares marked with a "St.. However, you cannot tell from the ticker whether it is an ordinary share.
The best thing to do is to use the search function of the exchange you want to trade on. Then look at the Details on the respective share to get more information about the share type.
Preference shares are a little more difficult to recognise. You have three options:
The most reliable information comes directly from the Investor Relations Department of the respective company.
The Bearer share with the ordinary share is the most common form on the stock exchange and most companies allocate informal bearer shares.
Bearer shares have No direct labellingwhich in turn is the designation - sounds paradoxical. If there is no special ending in the denomination, it is simply a bearer share
Registered shares are equipped with a "NA or "VNA" marked. If the share designation does not contain either of the two parameters, it is a bearer share.
No-par-value shares you can recognise by the Abbreviation o.N.which means "without nominal value".
These shares have a arithmetical par valuebut no legally fixed nominal value.
Only on the American stock exchange are par value shares still strongly represented.
It is not always easy to recognise a share by its name. Added to this is the fact that Companies issue different forms of shares can. Keeping track is difficult, but fortunately usually not necessary.
Most investors place their Focus on bearer shares and ordinary shares with voting rights. These are also the types of shares that are most in circulation and where you have to pay the least attention. Fortunately!
5 responses
Well, for a blog called Schwiizerfranke, this post is very Germany-centric.
"Only on the American stock exchange are par value shares still strongly represented."
Then take a look at the Swiss stock exchange....
Thanks for your input 🙂 do you have a specific number?
All except the profit participation certificates
Go to cash.ch, search for a CH share, scroll down to "Fundamental data" and you will find the nominal value
Z. B.
NOVN Nominal value 0.5 Nominal currency CHF
ZURN Nominal value 0.1 Nominal currency CHF
SIKA Nominal value 0.01 Nominal currency CHF
CLOCK Nominal value 2.25 Nominal currency CHF
UHRN Nominal value 0.45 Nominal currency CHF
SCHP Nominal value 0.1 Nominal currency CHF
Unfortunately, this article lacks information on the advantages and disadvantages of these types of shares.
Here is the supplementary contribution to this: https://www.schwiizerfranke.com/welche-aktienarten-gibt-es