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What are ordinary shares?

Ordinary shares are the most common type of shares, and most companies use ordinary shares in British pounds (GBP). If you need more than one type of share, you’ll need to use a different service to register your company as Tide only offers applications using ordinary shares. Ordinary shares give a shareholder the following rights;

  • One vote per share on company decisions

  • Receive a share of profits as dividend payments

  • Receive a share of capital, for example, if the business closes down

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