Preferred Stock

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Related to preference shares: Debentures, cumulative preference shares
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

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.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
The rating of the preference shares is two notches below Aspen's Long-Term ICR of 'bbb', reflecting their contractual subordination to the company's senior debt and subordinated debt.
To effectively manage and leverage proceeds from the issuance of the Preference Shares. The Bank will increase the capital management efficiency and fully leverage the proceeds from the issuance of the Preference Shares, so as to effectively remedy the dilution on current returns of the holders of ordinary shares as an effect of the issuance of the Preference Shares and to increase the level of returns on capital.
Victoria Park then applied for a delisting of the preference shares with proposed last day of trading on 4 July 2019.
30, 2018 and declines to approximately 8.9% to 8.7% pro forma for a $100 million - $200 million preference share issuance.
The total number of the Offshore Preference Shares to be issued is 44,400,000.
Bulat Utemuratov is the main shareholder of the Bank, which owns 74.84% common shares and 20.02% preference shares of the Bank.
Ordinary shares and preference shares have different rights.
Essentially, Section 85 of the ordinance provides for redemption of preference shares by a company and lays down certain provisions for such redemption.
These provisions include the creation of a redemption reserve fund by transferring from profits, a sum equal to amount applied in redeeming of the preference shares.
The foundation, set up with the aim of protecting KPN, its entities and shareholders, holds 4.258bn KPN preference shares B, giving it as many votes, accounting for nearly 50% of the groupa[euro](tm)s voting shares, it said.
Trading in non-convertible redeemable preference shares and privately-placed redeemable preference shares, experts say, will give people one more liquid investment option.