Class B Shares

Class B Shares - Class B Shares are the second tier of stock that is classified by a company or corporation. These shares usually have less voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the shareholders. Sometimes companies assign Class B shares with more voting rights than Class A shares, which can be confusing, but enables management of the company or corporation to concentrate more on making money and less on how shareholders are voting.