convertible preferred stock
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Issuing $1.25 billion in common stock through an underwritten public offering, another $2 billion in an at-the-market offering and $3.75 billion in convertible preferred stock interests could widen the pool of shares.
From The Wall Street Journal ● Jun. 11, 2026
It sold around $16.8 billion of mandatory convertible preferred stock with a 6.25% dividend yield, up from a planned $15 billion.
From Barron's ● Jun. 3, 2026
The $15 billion of Alphabet mandatory convertible preferred stock likely will be sold at $50 a share and will be among the largest such offerings sold.
From Barron's ● Jun. 1, 2026
That came after a $1.2 billion investment in the company’s convertible preferred stock led by Apollo.
From The Wall Street Journal ● Apr. 20, 2026
Ayar Third Investment, an affiliate of Saudi Arabia’s Public Investment Fund, committed $550 million worth of convertible preferred stock, “further strengthening the strategic partnership between the PIF and Lucid,” according to Lucid.
From MarketWatch ● Apr. 14, 2026