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.

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

Shares of the company fell as much as 16% to a record low of 65 cents as the company said it had terminated its previous public equity offering and all outstanding warrants for Series A Convertible Preferred Stock made in February.

From Reuters

The bank and its advisers may have also made a tactical mistake: The General Atlantic equity investment could have been completed overnight, but the bank’s management also chose to sell convertible preferred stock, which couldn’t be sold until the next day.

From New York Times

Bed Bath said it was planning to raise about $225 million through an offering of Series A convertible preferred stock and an additional $800 million by issuing securities to buy shares of preferred stock in future installments.

From Reuters

Among the factors that may have added additional pressure to shares of ViacomCBS, which hit a peak of $101.97 earlier this month, was the March 22 sale of 20 million Class B common shares at $85 and its offering of $1 billion of convertible preferred stock, investors said.

From Reuters