Mandatorily redeemable shares must be redeemed at a specific time or event, acting as a built-in call option for the issuer.
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 ...
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 ...
Infrastructure Credit Guarantee Company Plc has completed the full redemption of the 7.25 per cent Redeemable Cumulative USD Preference Shares held by Africa Finance Corporation, settling the ...
ST. LOUIS, Jan. 29, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) (the "Company") announced today that it has delivered notice to holders of the Company's 5.90% Series A Cumulative Redeemable Perpetual ...
This press release contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond our control. These forward-looking statements within the ...
Infrastructure Credit Guarantee Company Plc (InfraCredit) has paid $28.93 million for complete redemption of the 7.246 per cent Redeemable Cumulative USD Preference Shares held by Africa Finance ...
Jan. 29, 2026 4:40 PM ETSpire Inc. (SR), SR.PR.A ST. LOUIS, Jan. 29, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) (the "Company") announced today that it has delivered notice to holders of the Company's ...