Non-voting shares are a type of acción which limit the subscriber to participation in the management of the , since they do not have the right to vote in the General Meetings of the company, nor can they challenge any agreement that the company has reached.
However, the subscriber of the shares without voting rights, you can enjoy all the economic benefits that the share possesses, such as the collection of annual dividends, fixed or variable, that the company generates for all shareholders and that are established in the statutes social.
Non-voting shares cannot exceed a par value greater than 50% of the capital disbursed. In addition, if the company does not pay the minimum dividend established for those shares, it must pay it in the following years and, in the meantime, the subscriber of those shares will recover the right to vote.