preference shares


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Related to preference shares: Debentures, cumulative preference shares

preference shares

pl n
(Stock Exchange) Brit and Austral shares representing part of the capital issued by a company and entitling their holders to priority with respect to both net profit and net assets. Preference shares usually carry a definite rate of dividend that is generally lower than that declared on ordinary shares. US and Canadian name: preferred stock Compare ordinary shares, preferred ordinary shares
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.preference shares - stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
stock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock"
cumulative preferred, cumulative preferred stock - preferred stock whose dividends if omitted accumulate until paid out
Translations

preference shares

pl (Brit Fin) → Vorzugsaktien pl

preference shares

npl (Brit) (Fin) → azioni fpl privilegiate
References in periodicals archive ?
Summary: Listing of preference shares will make them a more attractive investment option.
Fortis" or the "Corporation") has today entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and RBC Capital Markets under which the underwriters have agreed to purchase, on a bought deal basis, 6,000,000 Cumulative Redeemable First Preference Shares, Series J (the Preference Shares ) for sale to the public at a price of $25.
RAM Re" and, together with RAM Holdings, the "Companies") announced today the final results of the tender offer by RAM Holdings to purchase any and all of the outstanding Non-Cumulative Preference Shares, Series A, with a par value of US $0.
The Board announces that 25,861 preference shares have been converted into
Brookfield issued 8 million Class AAA Preference Shares, Series J, at a price of C$25 per share with a yield Of 5.
Fortis" or the "Corporation") announced today that, in connection with its recently announced public offering of 6,000,000 Cumulative Redeemable First Preference Shares, Series J (the "Preference Shares"), the syndicate of underwriters led by BMO Capital Markets and RBC Capital Markets has exercised its option (the "Underwriters' Option") to purchase an additional 2,000,000 Preference Shares at a price of $25.
BSX: RAMR) (Pink Sheets: RAMR) ("RAM Holdings") announced today the waiver of certain conditions with respect to RAM Holdings' previously announced tender offer to purchase any and all of the outstanding Non-Cumulative Preference Shares, Series A, with a par value of US $0.
25p cumulative redeemable preference shares and holders of the
The net proceeds will be used to redeem C$200 million of Class AAA preference shares currently outstanding with an average coupon of 8.
Preference shares and 7% Second Preference shares in the capital of Shell
Consolidated Mercantile Incorporated announced that shareholders at a Special Meeting held on November 12, 2003 passed a special resolution authorizing the Company to amend its Articles to vary the attributes attaching to the issued and outstanding Series 1 Preference Shares of the Company.