preference share

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Related to preference shares: Debentures, cumulative preference shares

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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References in periodicals archive ?
10, through the compulsory redemption of not more than 4,900,000 preference shares.
SAS' board resolves on compulsory redemption of up to 4.9 million preference shares
All shareholders of record of the Preference Shares as of 1 December 2016 were issued a make-whole redemption payment of USD1,180 per Preference Share on 15 December 2016, comprising the sum of the most recent dividend per Preference Share, the net present value of future dividend payments that would have been paid through 22 June 2019 and the USD1,000 liquidation preference on each Preference Share, discounted for present value.
Butterfield redeems 8.00% preference shares, repurchases warrant
Pursuant to the approvals by the Anhui Bureau of China Banking Regulatory Commission and the China Securities Regulatory Commission in relation to the offshore preference shares proposed to be issued by Huishang Bank Corporation Limited, the Bank has entered into the subscription agreement on 3 November 2016 with the Joint Global Coordinators and the Joint Lead Managers in relation to the issuance of the U.
Huishang Bank Corporation Issued U.S.$888,000,000 Non-Cumulative Perpetual Offshore Preference Shares
8 million Preference Shares outstanding as of June 28, 2016.
United States : Weyerhaeuser announces conversion of Mandatory Convertible Preference Shares
Trading in non-convertible redeemable preference shares and privately-placed redeemable preference shares, experts say, will give people one more liquid investment option.
Gaining From Liquidity
The Series J Preference Shares will commence trading on the Toronto Stock Exchange on April 30, 2004 under the symbol BPO.
Brookfield share issue
With the support of the authorisation that the Board of Directors obtained at the AGM on 18 February 2014, the Board has resolved to issue 7,000,000 preference shares at a price of SEK 500 per preference share.
United States : The Board of Directors of SAS has resolved to complete the Offer by issuing preference shares of SEK 3.5 billion
The preference shares will be sold at SEK250 apiece and will be listed on the stock exchange in Stockholm on 20 June 2011.
-Balder increases again preference share issue
Fortis has granted the underwriters an underwriters option to purchase an additional 2,000,000 Preference Shares at the same offering price.
Canada : Fortis Announces $150M Bought Deal Offerning of Series J first prefernces shares
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.
Canada : Fortis Increases Preference Share Offering to $200M

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