RE:voting shares outstanding whats preferred & how many traded
Class A gets 10 votes per share yield 2.53
Class B gets 1 vote per share yield 2.60%
price range on both are within +- a few cents of each other.
The float of A's is 314 million compared with 1.1 billion aprox
Preferred, there are three sets at around 10 million outstanding one pays a monthly dividend of .0625$ or yield of 6.14%
another quartly 7.4% each priced around 22$ and there is still another set for a total of three sets of preferred.
The family controls 51% of the company mostly with their Class A shares (10 votes) even if they are not the majority equity holders.
Should the company like any other public company have to liquidate the order is bond holders payed first, preferred second and if anything left common holders. A and B number of votes doesn't change anything on any moneys left over.
BRP was spun out from Bombardier the company a few years ago (planes and trains) it does not fall in the books of BBD earnings. The family also owns BRP and has its own symbol BRP
BBD/ this board is comprised of BBD Transport out of Germany and Aerospace with its sub divisions. When they report quartly earning it is both those divisions combined.
So there is where you have some conflict, the family doesn't hold 51% of the shares but because of the dual class structure they control 51% of the vote, basically the company. They can hire and fire who they want or the direction they want even if it against the wishes of the majority.
hope it helps