The types of shares mentioned in the text are Preference and Ordinary Shares. Holders of Preference Shares have priority over holders of other classes of shares to receive profit available for distribution, which comprises a fixed cumulative preferential divident. Furthermore, they are entitiled to priority repayment of the amount paid up on the nominal value of each Preference Share in case the company is dissolved. In turn, holders of Ordinary Shares receive profit available for distribution after the due amounts have already been paid to holders of Preference Shares.
In Bulgaria, the types of shares are Materialized (налични) and Dematerialized (безналични) Shares. Materialized Shares are further subdivided into: Materialized Shares by Name (поименни акции) and Bearer Shares (акции на приносител). The classification of Preference and Ordinary Shares exists in Bulgaria as well.