Nominal value of shares
If I hold shares that are quoted as
"Company XYZ Euro 0.01"
But the stock exchange listing is for
"Company XYZ Euro 0.0002"
(In both cases the numbers are part of the stock name - the price is in a different column).
What does that mean? Are my shares are valued 50x higher than the stock exchange listing?
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They are 2 different class of shares belonging to the same company. Class A shares [par value of 0.01] have 100 voting rights per share. Class B shares [par value of 0.0002] have one voting rights.
Both are listed separately with different ISN and trade at slightly different values. The Class A at higher value than Class B which looks right as it has more voting power.
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