Term: J (Nasdaq Suffix)
Type: Ticker symbol designation
Used in: Nasdaq-listed U.S. equities
Indicates: Stock has voting rights
Placement: Fifth letter in a five-character stock ticker (e.g., ABCDJ)
Definition
The letter J is used as a fifth-letter suffix in Nasdaq-listed stock symbols to indicate that a share class carries voting rights. It helps investors distinguish between different classes of the same company’s stock, especially when only certain shares allow participation in corporate governance.
Key Features
- Fifth-Letter Code: Appears as the final letter in a five-character ticker
- Signals Voting Power: Denotes shares with the right to vote on company matters
- Used by Nasdaq: One of several standardized suffixes (others include A, C, D, etc.)
- Clarifies Share Class: Helps investors and analysts evaluate corporate structure
- Visible on Trading Platforms: Appears in stock listings and financial databases
Common Use Cases
- Comparing voting vs. non-voting shares
- Portfolio screening for governance rights
- Understanding share structures in IPOs or dual-class firms
- Institutional investors managing proxy voting rights
Benefits or Advantages
- Improves transparency for investors
- Distinguishes share classes during research or trading
- Aids compliance and governance reporting
- Supports accurate indexing and data analysis
Examples or Notable Applications
Some companies issue voting and non-voting shares with identical economics. The J suffix identifies the voting class (e.g., ABCDJ). Useful for large funds and retail investors tracking voting rights.
External Links
This post is for informational purposes only and does not constitute financial or legal advice.