preference share


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preference share

a special type of share in a company, which has the characteristic that it confers an entitlement to a specified percentage rate of dividend that is payable in priority to the claims of ordinary shareholders. A company's share capital maybe split between ordinary shares and preference shares. Ordinary shareholders are entitled to the remaining profits that have been appropriated for the payment of dividends.
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53 per preference share is expected to take place on 16 February 2018.
4 million in annual payments by Butterfield for Preference Share dividends and the guarantee fees payable to the Government of Bermuda, which will be accretive to earnings going forward.
Brookfield issued 8 million Class AAA Preference Shares, Series J, at a price of C$25 per share with a yield Of 5.
ii) the announcement dated 9 December 2009 in relation to the issue of the notice dated 9 December 2009 by the Acquiror to the Preference Share Holders on the expected Effective Date, expected Settlement Date, expected Preference Share Offer Price and expected close of the Preference Share Offer;
Investors from the general public in Denmark, Norway and Sweden and private banking clients were allotted approximately 40% in total of the preference share issue and institutional investors approximately 60%.
8 June 2011 - Swedish real estate company Fastighets AB Balder (STO: BALD B) announced today a decision to expand its preference share issue for the second time to SEK1bn from SEK850m to meet high demand from investors.
Should the underwriters' option be fully exercised, the total gross proceeds of the Preference Share offering will be $200 million.
The Acquiror wishes to announce that it has on 15 January 2010 sent a letter to the Preference Share Holders notifying them that the Offer Period shall be further extended to 5.
It is stated in the CRPS Offer Letter that the Acquiror will give notice of the Effective Date, the Settlement Date and the Preference Share Offer Price as soon as possible once the Effective Date has been determined.
It is stated in the CRPS Offer Letter that the Preference Share Offer will be open for acceptance by Preference Share Holders at any time from the date of the CRPS Offer Letter until 5.