Since preferred stock represents equity, the holders of the stock never have the right to vote.

Name: Since preferred stock represents equity, the holders of the stock never have the right to vote.
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Preferred stockholders typically do not have voting rights, but this can vary based on the company's charter or the specific terms of the preferred stock issue. Some preferred stocks may grant voting rights under certain conditions.

Since Preferred Stock Represents Equity, the Holders of the Stock