The 'Participating' in Participating Preference Shares Means That the Shareholders

The 'participating' in participating preference shares means that the shareholders may:

A) vote at annual meetings.
B) vote at annual meetings if preference dividends have not been paid.
C) participate in a conversion of preference shares into ordinary shares.
D) receive a share of any further profits that are to be distributed to ordinary shareholders after the payment of the preference dividend.

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