Voting right

The voting right is a right granted to each ordinary share and confers on its holder the right to vote at the shareholders' general meeting. To control a company, it is necessary to hold the majority of voting rights, although a blocking minority (33%) can sometimes be sufficient.

If the company's bylaws provide for it, the number of voting rights may differ from the number of shares through the implementation of shares with double voting rights conditioned on a minimum holding period.