Business, Legal & Accounting Glossary
A variation of preferred stock that allows the investor to sell their shares back to the issuer at a fixed price. Usually the issuer is also able to force the stockholder to sell their shares back to them for cash at maturity, or sometimes in exchange for common stock.
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Definitions for Retractable Preferred Shares are sourced/syndicated and enhanced from:
This glossary post was last updated: 16th November, 2021 | 0 Views.