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Preferred Stock
(redirected from preferred shares)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
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.



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with about a 30 percent stake after the state converts its preferred shares in the banking group into common shares on Saturday.
5469 per Series B Cumulative Redeemable Preferred Share will be paid on or about August 15, 2009, to holders of record of Series B Preferred Shares at the close of business on August 1, 2009.
Dividends on the Auction Preferred Shares to be redeemed will cease to accumulate on the redemption date.
 
 
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