Class A Shares

Class A Shares - Class A Shares are normally the peferred level of classified stock, which offer more voting rights than Class B Shares do. These shares were designed to insulate corporate management from the short-term swings that occur on Wall Street, and to allow management to manage small amounts of the equity in their company, and still maintain voting power. This type of share is not sold to the public and it cannot be traded. This supports management by allowing them to focus their attention on the company's long-term goals. Some companies will designate some shares as Class A even though they have less voting rights, and designate shares that have more voting rights to be Class B shares.