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Preferred shares in a sentence

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Sentence count:18Posted:2018-04-08Updated:2020-07-24
Similar words: preferred stockpreferredpreference sharesreferred painpreference sharecharacter referenceissued sharesdeferredMeaning: n. stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights. 
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1 Holders of Legrand preferred shares will receive two Schneider shares for each share held, a 25.5 % premium.
2 In 1993 or 1994, these preferred shares will be swapped for ordinary shares.
3 In particular, preferred shares offer a fixed dividend, like bonds and unlike ordinary shares.
4 Indeed, Fleet was eager to liquidate the preferred shares, because they legally precluded it from integrating those newly acquired assets.
5 That's because holders of preferred shares can demand their money back before holders of common stock.
6 The government converted its preferred shares into common stock at $ 3.25 a share.
7 Preference or preferred shares entitle a holder to a prior claim on any dividend paid by the company.
8 Converting all private preferred shares into common stock raises about $ 45 bn.
9 He also snapped up perpetual preferred shares and warrants of General Electric two weeks later.
10 However, the two organizations and preferred shares of its common stock shareholders in difficult circumstances.
11 The government on Friday agreed to swap some preferred shares into common stock,(www.Sentencedict.com) giving taxpayers a potential 36 percent stake. Citigroup has eliminated its common stock dividend.
12 In October, the company suspended the dividend on its preferred shares and warned stockholders that it was running out of money.
13 BMW slashed its 2008 dividend to 30 European cents per common share and to 32 cents for preferred shares from 1.06 euros and 1.08 euros, respectively, a year earlier.
14 The company's previously issued and outstanding multiple voting shares, redeemable first preferred shares and subordinate voting shares were effectively canceled.
15 Sunday's agreement gives ING the right to buy back the preferred shares at 150% of the issue price.
16 "In addition the dividend is higher," Soeraunet said, comparing the payout on preferred shares and ordinary stock.
17 At the peak of the financial tremors last autumn, he sank some $5 billion into Goldman Sachs Group Inc. and received 10% cumulative preferred shares in return.
18 At the height of the financial crisis last fall, he invested $5 billion in Goldman Sachs Group Inc. and got 10% cumulative preferred shares.
More similar words: preferred stockpreferredpreference sharesreferred painpreference sharecharacter referenceissued sharesdeferreddeferred incomedeferred paymentreferralreferringpreferprefermentpreferablypreferablepreferencepreferencespreferentialconferredpreferentiallytransferredshare and share alikepreferential treatmentredshiftred shiftunder-representedunderrepresentedreferrefer to
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