Preferred Stock

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Related to preference shares: Debentures, cumulative preference shares

Preferred Stock

 

a stock that pays a fixed return, as opposed to common stock, for which the dividend varies according to the profits of the joint-stock company.

References in periodicals archive ?
Preference shares are securities issued by a company that do not carry voting rights like ordinary shares.
The Preference Shares are not redeemable prior to December 1, 2017.
Any preference shares remaining unconverted on 1 August 2011 shall be subject
ii) the announcement dated 9 December 2009 in relation to the issue of the notice dated 9 December 2009 by the Acquiror to the Preference Share Holders on the expected Effective Date, expected Settlement Date, expected Preference Share Offer Price and expected close of the Preference Share Offer;
Accordingly, notwithstanding the fact that the Proposed Amendments were not approved and the terms of the Preference Shares have not been changed, for the purpose of the Tender Offers and the terms and conditions thereof, the Series A Proposed Amendments and the Class B Proposed Amendments are deemed to have been approved and adopted.
4735 per Second Preference Share will be posted to persons holding First
Any holders of 5% preference shares who wish to convert their shares into Triton ordinary shares will have until the close of business on October 24, 2000.
As of today there are 6,000,000 of the Series A Preference Shares outstanding.
8 /PRNewswire/ -- Fitch IBCA, the international rating agency, incorrectly stated on 7 October 1998 that preference shares for Santander Finance Ltd.
401% perpetual non-cumulative preference shares with a liquidation preference of $25 per preference share in an underwritten public offering.
1 million convertible Preference Shares of Dakota subject to certain conditions, all of which the management of Dakota believes have been materially fulfilled.