Appraisal rights are a statutory remedy available to minority stockholders who object to certain extraordinary actions taken by a corporation, such as a merger. These rights require the corporation to repurchase the stock of dissenting stockholders at a price equivalent to its value immediately before the event.
Cumulative voting is a system of stockholder voting for a board of directors that allows all votes an individual is eligible to cast to be cast for a single candidate. This system is designed to give minority stockholders representation on the board.
