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 ?
Provider of air transportation services Scandinavian Airlines System Aktiebolag (SAS AB) (STO:SAS) announced on Monday the resolution by its board of directors on a partial compulsory redemption of not more than 4,900,000 preference shares, corresponding to seven out of 10 outstanding preference shares, for total redemption proceeds of not more than approximately SEK2,580m, with effect from 9 February 2018.
00% Non-Cumulative Perpetual Limited Voting Preference Shares par value USD USD0.
HONG KONG, Nov 12, 2016 - (ACN Newswire) - Huishang Bank Corporation Limited ("Huishang Bank" or "the Bank", HK:3698) is pleased to announce the issuance of Offshore Preference Shares (HK:4608) has been completed on 10 November 2016.
Summary: Listing of preference shares will make them a more attractive investment option.
Brookfield issued 8 million Class AAA Preference Shares, Series J, at a price of C$25 per share with a yield Of 5.
On 7 February 2014, SAS announced an offer to the general public in Denmark, Norway and Sweden, and institutional investors to subscribe for preference shares amounting to approximately 4 million preference shares, at a subscription price of SEK 500 per preference share, including an option to increase the offer to 7 million preference shares in total ("the Offer").
When originally announced on 26 May 2011, the offering was to comprise up to three million Balder preference shares.
The net proceeds will be used to redeem C$200 million of Class AAA preference shares currently outstanding with an average coupon of 8.
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.
To: The Holders of Convertible Redeemable Preference Shares of Chartered Semiconductor Manufacturing Ltd.