convertible preferred stock
Americannoun
Example Sentences
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What’s Next: The $15 billion of convertible preferred stock will likely be among the largest such offerings sold.
From Barron's • Jun. 2, 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
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
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