preference shares造句
arrears of dividends for cumulative preference shares
The shares are usually of two kinds: preference shares and ordinary shares.
Shares represent part-ownership in a company. They can be ordinary shares, preference shares or partly-paid (contributing) shares.
But the real question is whether the preference shares are safe.
preference shares which may be callable for redemption at a specified price
preference shares which may be participating or nonparticipating as to the earnings of the corporation
A share discount to par value can be significant for preference shares, which pay fixed dividends based on par value.
The capital injection is understood to include a poison pill, probably in the form of preference shares that can be converted into UFJ ordinary stock at any time, that could be used to block SMFG's offer.
Even that proved a stopgap; on December 3rd it was announced that the Banks would swap the debt for 75% of the ordinary equity and a slug of preference shares.
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