preferred shares


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  • noun

Synonyms for preferred shares

stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

References in periodicals archive ?
In either case, the preferred share issuer would forgo interest deductions in exchange for a reduced "interest rate" paid in the form of a fixed return on preferred shares.
This special meeting of the board of directors was convened solely for the consideration of matters concerning the preferred shares due to the timing of the preferred share record date.
33 was declared on the cumulative redeemable first preferred shares series H in the amount of $1.
30% Series A-2 Cumulative Preferred Shares ("Series A-2 Preferred Shares") and 6.
Notice of the exchange and a transmittal form are scheduled to be mailed to all holders of preferred shares on Aug.
Charles Johnston, QualMark's President and CEO, stated: "This event follows the conversion of the Series B preferred shares that occurred two weeks prior and completely eliminates all outstanding preferred stock on the QualMark balance sheet.
The conversion of the Series B preferred shares also propels the Company one step closer to meeting listing requirements of a major exchange.
The net proceeds from the placement of the Series B Convertible Preferred Shares to the Company after payment of the 5% cash commission to Axiom and the expenses of the offering, are estimated to be approximately $14.
The redemption will be made pro rata from each Preferred Shareholder based on the respective number of Preferred Shares held by each such holder on the redemption date.
The financing will consist of both convertible preferred shares and convertible debt.
Fitch also affirms GWO's Long-Term Issuer Default Rating (IDR) at 'AA-' and senior debt ratings at 'A+', along with its preferred shares at 'A'.
5 million in loans made to the Company by More Growth (the "Loans") together with accrued interest will be cancelled in exchange for the issuance to More Growth of approximately 17,990,000 Preferred Shares, Series 2 of the Corporation ("Preferred Shares") at a price of $0.
OTC:PAIM) announced today that the Board of Directors resolved (1) to allow the Preferred shareholders the right to immediately convert 10,000 preferred shares for 1 common share.
In that respect, the Company will create a new class of preferred shares of unlimited number to be designated in the Articles of the Company as Variable Multiple Voting Shares.
CFS) announces that all outstanding Preferred Shares of CFS were redeemed today at a price of $3.
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