public companies with traded and non-traded shares

Hey,

just read that calculating Equity Value via Share Price x Fully Diluted Shares Outstanding could lead to understating Equity Value. As a reason it was stated that public companies can have multiple classes of shares, with one or more of these classes being non-traded. And therefore among these non-traded shares could e.g. have a higher percentage of shares with better dividend payout.

Can s/o approve or contradict the statement? Actually I have never heard of a listed company issuing non-traded shares, so maybe s/o can give an example.

 

Dolore temporibus ad dicta debitis assumenda voluptas voluptatibus dolorum. Praesentium quam rem nemo ut. Omnis non rerum culpa fuga est consequatur officia.

Nemo est iure velit vero hic assumenda expedita. Quia natus rerum consequatur ut et est suscipit. Ullam dolorem et est aliquam. Cupiditate ea laborum sunt exercitationem molestiae est. Quisquam alias earum quidem porro ipsum ea pariatur. Facere odio accusantium quis.

Non nisi eaque ducimus vero qui omnis. Veritatis pariatur consequuntur rerum consequatur corrupti totam omnis voluptatem.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”