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.

Alphabet said it plans to issue $30 billion in concurrent underwritten public offerings consisting of $15 billion of mandatory convertible preferred stock and $15 billion in its class A and class C common equity.

From Barron's • Jun. 1, 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

Among those bullish about Instacart’s prospects is PepsiCo, which agreed to buy $175 million in convertible preferred stock in a private placement.

From Seattle Times • Sep. 19, 2023

Its operating income rose to $5 million, but taking into account the company's convertible preferred stock, it had a net loss attributable to common stockholders of $7.5 million.

From Chicago Tribune • Oct. 20, 2013

Shares of Knight Capital plunged after the struggling trading firm said it sold $400 million in convertible preferred stock to bolster its capital position.

From The Wall Street Journal • Aug. 6, 2012