NOUN
- stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
How To Use preference shares In A Sentence
- Nevertheless, in terms of the rights which attach, redeemable preference shares are more akin to debt than shares.
- Nevertheless, in terms of the rights which attach, redeemable preference shares are more akin to debt than shares.
- The board decided that the adverse effects on the company's reserves required an issue of redeemable preference shares.
- About 89.3 per cent of existing Hutchison shareholders exercised their options to subscribe for HTIL preference shares.
- But issuing open-ended preference shares with fixed coupon rates would be more in the nature of perpetual bonds.
- The dividends are usually paid in priority to dividends on all other shares except for preference shares.
- The transferable preference shares refer to those convertible into ordinary shares.
- The shares are usually of two kinds: preference shares and ordinary shares.
- Preference shares, particularly redeemable preference shares, are sometimes considered to be more akin to loan stock than share capital.
- The company also had 3.3 million convertible redeemable shares and 100 redeemable preference shares.
