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"common shares" is a correct and usable phrase in written English.
This phrase is often used in financial contexts to describe an equity security that represents an ownership stake in a company. For example, "The company issued an additional 100,000 common shares to its shareholders."
Exact(51)
Cabela's, 12 million common shares.
Amana restricts its holdings to common shares.
Entravision is offering Class A common shares.
Each A.D.S. represents five common shares.
Placer Sierra Bancshares, five million common shares.
Each A.D.R. represents four common shares.
The company currently has 376 million outstanding common shares.
Breakaway said it would issue 3.636 million common shares.
Marchex Inc., 7 million Class B common shares.
ZipRealty, an initial public offering of 4.6 million common shares.
The common shares are likely to be worthless.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com