Wednesday
Aug182010
SPWRA vs. SPWRB
18 Aug 2010Sunpower issued B shares a couple years back. If you're a finance geek it's a fascinating story.
B shares have 8x the voting rights yet have traded much lower than A shares.
B shares carried a tax liability until sometime in 2010 since they were given to Cyprus Semiconductor shareholders.
Other than that they are exactly the same. They are finally coming close to the same price but not yet. It's interesting how long this is taking. In a perfect capital market........
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