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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Bank of Jinzhou is planning to suspend dividend payments on its offshore preference shares, an online report said citing a statement from the Financial Times.

Bank of Jinzhou announces suspension of dividend payments on preference shares

Release date- 14082019 - AM Best has assigned a Long-Term Issue Credit Rating of 'bb+' to the USD 250 million 5.625% perpetual non-cumulative preference shares issued by Aspen Insurance Holdings Limited (Aspen) (Bermuda).

AM Best Assigns Issue Credit Rating to Aspen Insurance Holdings Limited's Perpetual Non-Cumulative Preference Shares

The subscribers of the Preference Shares under the issuance are 34 qualified investors in compliance with the requirements of the Experimental Administrative Measures on Preference Shares, the Administrative Measures on the Suitability of Securities and Future Investors and other laws and regulations.

Bank of China Ltd (HKSE: 3988) - Announcement on the Completion of the Non-public Issuance of Domestic Preference Shares (the First Tranche) -- 5/7/2019

The last day of trading in Victoria Park's preference shares will be 4 July 2019.

Victoria Park announces delisting of preference shares on 4 July 2019

Under Fitch's rating methodology, the new non-cumulative perpetual preference shares receive 100% equity credit in evaluating financial leverage.

Fitch Rates Enstar's Series E Preference Shares 'BB+'

Dividend on these preference shares, which were issued on April 28 last year, is payable until March 31, and the record date for the purpose of payment of the first interim dividend to equity shareholders and dividend to preference shareholders is March 21, Vedanta said in their post-meeting announcement.

Ex-SEBI Chief UK Sinha appointed additional non-executive independent director, Vedanta

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.S.$888,000,000 5.50% Non-Cumulative Perpetual Offshore Preference Shares (the "Offshore Preference Shares").

Huishang Bank Corporation Issued U.S.$888,000,000 Non-Cumulative Perpetual Offshore Preference Shares

The Vedanta board has decided to improve the offer by deciding to give four redeemable preference shares in Vedanta Ltd with a face value of Rs 10 and coupon of 7.5% for each Cairn India share held by minority shareholders.

MERGER OFFER TO WEAN CAIRN INDIA

Weyerhaeuser Company today announced that the Company's outstanding 6.375% Mandatory Convertible Preference Shares, Series A ("Preference Shares") will convert into Weyerhaeuser common shares effective July 1, 2016 ("Mandatory Conversion Date") at a rate of 1.6929 Weyerhaeuser common shares per Preference Share.

United States : Weyerhaeuser announces conversion of Mandatory Convertible Preference Shares

The company said the Series A Convertible Preference Shares are non-voting.

Amarin expects USD52.8m from private placement of restricted American Depositary Shares

As the Bank announced earlier, the Restructuring Plan had previously been approved by the Bank's shareholders holding 99.7% of the voting common shares and preference shares of the Bank represented at the extraordinary general meeting held on 10 November 2014 and by its creditors holding approximately 90.5 per cent.

Court approves Alliance Bank restructuring

There are presented the characteristics of ordinary and preference shares. There are described the types and characteristics of preference shares such as: cumulative preference shares, participating preference shares, convertible preference shares, callable preference shares and redeemable preference shares.