C-share

What is a C-share?

A C-share (Swedish: C-aktie) is a share class whose rights are set out in the articles of association. C-shares often carry lower voting power than A-shares, for example one tenth of a vote, and sometimes a limited right to dividends. They are used, among other things, in connection with incentive programs.

C-shares and the share ledger

The letter itself says nothing about the rights; the articles of association decide. The share ledger must show which share class each share belongs to, so that votes and holdings can be calculated correctly.