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Preference shares are shares that have preferential rights over equity shares. They have a right to a fixed dividend that is paid before dividends to equity shareholders, and a right to repayment of capital before equity shares in the event of liquidation. There are several types of preference shares including cumulative shares that carry forward unpaid dividends, redeemable shares that can be repaid after a period of time, and participating shares that have a right to additional dividends from company prof
- Author
- purnendupatra
- Language
- EN