Mandatorily redeemable shares must be redeemed at a specific time or event, acting as a built-in call option for the issuer.

The terms "redeemable shares" and "convertible shares" refer to different types of preferred stock. If a preferred stock is redeemable, it means that the issuing company can exchange those shares for ...

In trading on Thursday, shares of Pebblebrook Hotel Trust's 6.375% Series I Cumulative Redeemable Preferred Shares (Symbol: PEB.PRE) were yielding above the 9% mark based on its quarterly dividend ...

In trading on Wednesday, shares of Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series C (TSX: TA-PRF.TO) were yielding above the 6.5% mark based on its quarterly ...

CALGARY, AB, Aug. 29, 2025 /CNW/ - AltaGas Ltd. (ALA:CA) ("AltaGas" or the "Company") (TSX: ALA.PR.A) (TSX: ALA.PR.B) announces its intention to redeem all of its 6,746,679 issued and outstanding ...

Continental Stock Transfer & Trust Company, the depositary for the offer, has advised Enzon that, as of 5:00 p.m., Eastern ...

PHILADELPHIA, Dec. 18, 2025 /PRNewswire/ -- abrdn Income Credit Strategies Fund (NYSE: ACP) has closed a $100 million private offering of Series A Mandatorily Redeemable Preferred Shares due December ...

Imperial Petroleum Inc. (Nasdaq: IMPP) (the 'Company”), a ship-owning company providing petroleum products, crude oil, and ...

The Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the redemption of all 1,200,000 issued and outstanding Class A Mandatory Redeemable Preferred Shares (the “Class A MRP ...

TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) announced today that it does not intend to exercise its right to redeem all or any portion of the currently outstanding ...