Preferred shares and ordinary shares
I know if one buys the preferred shares, he has no right to vote on the shareholders' meeting. And in case if the company go bankruptcy, he will have a higher priority to get back the assets in the quene.
I heard fm the news this morning that Holland Gov't has injected money into the ING Bank (or similar). The Holland Gov't will have 8% dividend (or interest) fm the investment, but won't dilute the existing shareholders' assets.
Anyone knows if the Holland Gov't inject the money into ING's preferred shares or debentures? If the injection is into the preferred shares, will the existing shareholders' interest be diluted??
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