Non-voting preferred shares in Portugal: a general overview

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Abstract

In this article we intend to provide a general overview of the Portuguese legal framework regarding the non-voting preferred shares (NVPS). We have also highlighted some of the issues and concerns that may be the reason to justify the almost no use of such shares.
Original languageEnglish
Pages (from-to)169-177
Number of pages9
JournalEuropean Company Law
Volume18
Issue number5
Publication statusPublished - Sept 2021

Keywords

  • Non-voting preferred shares
  • Preferred dividend
  • Pre-emption right
  • No-par value shares

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