What are different types of shares?

They have two different type of shares

1. Equity shares
2. Preference shares

Equity share : We also know equity shares as common stock. These shares have voting rights. Equity share may be a main source of finance for any company giving investors the proper to vote, share market profits and claim on assets.
We know a share that's not a preference share as equity share. It doesn't offer a fixed rate of return. They don't get a fixed rate of dividends. It entitles the entire of the profit of a company to those shareholders, only after paying a fixed dividend to preference shareholders.
They are permanent. Equity shareholders are the actual owners of the corporate and that they bear the highest risk. Equity shares are transferable. i.e. ownership of equity shares are often transferred with or inconsiderately to people .Dividend payable to equity shareholders is an appropriation of profit Equity shareholders don't get a fixed rate of dividends.They limit the liability of equity shareholders to the extent of their investment.
Preference shares: Preference shares is also called preferred stocks.Preference shares are those shares that carry certain special or priority rights. First, dividends at fixed rate are payable on these shares before they pay any dividend on equity shares.
Second, at the time of the winding-up of the corporate, it repays the capital to preference shareholders before the return of equity capital.
Preference shares don't carry voting rights. However, holders of preferred stock may claim voting rights if they are doing not pay the dividends for 2 years or more on cumulative preferred stock and three years or more on non-cumulative preferred stock types.