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3 Resources for

preferred stock and redemption

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BNET Business Dictionary

Preferred Stock
stock that entitles the owner to preference in the distribution of dividends and the proceeds of liquidation in the event of bankruptcy.
Preferred Stock definition on BNET »

BNET Resources

Viad Corp Announces Redemption of $4.75 Preferred Stock
PHOENIX -- Viad Corp (NYSE:VVI) announced that its board of directors yesterday approved the redemption of all issued and outstanding shares of Viad Corp $4.75 Preferred Stock ("Preferred Stock") (NYSE:VVIPr, CUSIP 92552R307). This redemption is to be effected in accordance with the terms of the Preferred Stock. Each share of...
Tags: Preferred Stock, redemption
Research articles 2004-06-17
Hexion Specialty Chemicals, Inc. Announces the Redemption Today of All of Its Outstanding Shares of Series A Preferred Stock
COLUMBUS, Ohio -- Hexion Specialty Chemicals, Inc. ("Hexion" or the "Company") today announced the redemption of all 14,781,959 outstanding shares of its Series A Preferred Stock (CUSIP: 428300-20-6) (the "Preferred Stock"). The total redemption price for the Preferred Stock was $397,409,888.14, which represents 101% of the liquidation...
Tags: Preferred Stock, redemption
Research articles 2006-05-12
Revision - Massachusetts Electric Company Redemption of Preferred Stock
WESTBOROUGH, Mass.--BUSINESS WIRE--Sept. 22, 1998-- Massachusetts Electric Company (Mass. Electric) announced earlier today that it will call for redemption 600,000 shares of its Preferred Stock - Cumulative, 6.84% Series, on October 31, 1998, at the redemption price of $25.80 per share. The correct number of shares to be called for...
Tags: Preferred Stock, redemption
Research articles 1998-09-22

Additional Resources

PRIMEDIA Refinances Bank Debt and Calls Preferred Stock and Bonds for Redemption
NEW YORK -- PRIMEDIA Inc. PRM today announced that it has closed a new $500 million Term Loan B credit facility and has called for redemption all of its outstanding shares of Series H Preferred Stock (with an aggregate liquidation preference of approximately $212 million) and all of its outstanding...
Tags: bank, bond, redemption
Research articles 2005-10-03
Chase Redeems 7-1/2% Cumulative Preferred Stock and Depositary Shares
NEW YORK--BUSINESS WIRE--May 27, 1998--The Chase Manhattan Corp. announced today that it will redeem its 7-1/2% Cumulative Preferred Stock New York Stock Exchange Series K, and all outstanding Depositary Shares, each representing one-quarter of one share of the 7-1/2% Preferred Stock, on June 30, 1998. The redemption...
Tags: Business Wire, FINANCE, NYSE Euronext
Research articles 1998-05-27
Network Connection Extends Time for Redeeming Series B Convertible Preferred Stock and Payoff of Series A Notes
ALPHARETTA, Ga.--BUSINESS WIRE--Dec. 28, 1998--The Network Connection, Inc., TNCi (NASDAQ: TNCX), an industry leading developer and manufacturer of video and multimedia file-server technology announced today the Company has notified the holders of its intent and received an extension of time until January 15, 1999 to complete a redemption for cash...
Tags: Company, Groupware, multimedia, Nasdaq Stock Market Inc., network, SOFTWARE, stock
Research articles 1998-12-28
Dynex Capital, Inc. Announces Details of Partial Redemption of Series D Preferred Stock and Announces Fourth Quarter Preferred Stock Dividend
GLEN ALLEN, Va. -- Dynex Capital, Inc. (NYSE: DX) announced today the terms of its redemption of 25%, or approximately 1.4 million shares, of its outstanding Series D 9.50% Cumulative Convertible Preferred Stock (NYSE:DXPRD). The Company also announced that it will mail today a formal notice of the partial redemption...
Tags: dividend, redemption
Research articles 2005-12-08
ImaginOn Announces Redemption of Series D and Series E Convertible Preferred Stock
SAN CARLOS, Calif.--BUSINESS WIRE--May 10, 1999-- ImaginOn, Inc. (the "Company") (NASDAQ: IMON) today announced that it has notified holders of the Company's Series D 4% Convertible Preferred Stock and Series E 4% Convertible Preferred Stock of its intention to redeem those shares. The redemption will be completed on or...
Tags: Business Wire, Company, e-business, E-business/E-commerce, HARDWARE, INTERNET, redemption, Storage
Research articles 1999-05-10
Patapsco Bancorp, Inc. to Call All Preferred Stock for Redemption or Conversion
BALTIMORE -- Patapsco Bancorp, Inc. (OTC Bulletin Board:PATD) announced today that its Board of Directors has voted to call for redemption all outstanding shares of Series A Non-cumulative, Perpetual Convertible Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock"), that have not been converted into common stock...
Tags: Preferred Stock
Research articles 2006-01-19
Price Legacy Corp. Announces Redemption of 1,000,000 Shares of 8 3/4% Series A Preferred Stock
Business Editors SAN DIEGO--BUSINESS WIRE--May 6, 2004 Price Legacy Corp. (NASDAQ:PLRE) announced today the redemption of 1,000,000 shares of its 8 3/4 % Series A Preferred Stock. The redemption date will be June 7, 2004 at the stated redemption price of $16.00 per share and a dividend of...
Tags: Price Legacy Corp.
Research articles 2004-05-06
Freeport-McMoRan Copper & Gold Inc. Announces Final Mandatory Redemption of its Silver-Denominated Preferred Stock
NEW ORLEANS -- Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the final mandatory redemption, on August 1, 2006, of its Silver-Denominated Preferred Stock and the related redemption of each remaining outstanding depositary share representing 0.003125 shares of its Silver-Denominated Preferred Stock (NYSE: FCX Pr D, CUSIP 35671D865). There...
Tags: Freeport-McMoRan Copper & Gold Inc., redemption
Research articles 2006-06-15
PRIMEDIA Calling Preferred Stock and Debt for Redemption
NEW YORK -- PRIMEDIA Inc. (NYSE: PRM) today announced that it is calling for redemption all of its outstanding shares of $10.00 Series D Preferred Stock (with an aggregate liquidation preference of approximately $167 million), all of its outstanding shares of $9.20 Series F Preferred Stock (with an aggregate liquidation...
Tags: redemption
Research articles 2005-04-11
Pacific Enterprises details plans to redeem preferred stock
LOS ANGELES--BUSINESS WIRE--Feb. 7, 1996--Pacific Enterprises, parent firm of Southern California Gas Co. SoCalGas, Wednesday provided additional details regarding the redemption of up to $210 million of preferred stock the company plans to redeem.The shares to be redeemed consist of the remaining $110 million of Pacific Enterprises remarketed preferred stock...
Tags: Pacific Enterprises Inc.
Research articles 1996-02-07
SkyBox International redeems $4 million in Preferred Stock
DURHAM, N.C.--BUSINESS WIRE--Dec. 19, 1994--SkyBox International Inc. (NASDAQ:SKYB) said today it had redeemed $4 million of its Series A Cumulative Voting Preferred Stock from Brooke Group Ltd. (NYSE:BGL) and subsidiaries. After the redemption of the Preferred Stock, Brooke's and Bennett S. LeBow's combined Common and Preferred Stock...
Tags: Business Wire, FINANCE, Investment, stock
Research articles 1994-12-19
McMoRan Exploration Co. Declares Quarterly Cash Dividend on Convertible Preferred Stock and Announces Redemption of its 5% Convertible Preferred Stock
NEW ORLEANS -- McMoRan Exploration Co. (NYSE: MMR) today declares, for the period from April 1, 2007, through June 30, 2007, a cash dividend of $0.3125 per share payable on June 30, 2007, to holders of record as of June 15, 2007, for its 5% convertible preferred stock (OTCBB: MMREP)....
Tags: convertible preferred stock, dividend
Research articles 2007-05-29
Compaq To Redeem Digital Preferred Stock
HOUSTON--BUSINESS WIRE--Feb. 23, 1999--Compaq Computer Corporation (NYSE:CPQ) today announced that its wholly-owned subsidiary Digital Equipment Corporation (NYSE:DEC) has called for redemption and will redeem on April 1, 1999 all outstanding shares of the Series A 8-7/8% Cumulative Preferred Stock and all depositary shares evidencing the Series A Preferred Stock (each...
Tags: Compaq Computer Corp., stock
Research articles 1999-02-23
Pxre To Redeem All Preferred Shares And Related Depositary Shares On May 1, 1995; Correction Of Dividend Record Date For Quarterly Cash Dividends On Preferred Shares
NEW YORK--BUSINESS WIRE--March 15, 1995--PXRE Corporation, as previously announced, has exercised its option to redeem PXRE's cumulative convertible preferred stock and the related depositary shares on May 1, 1995.The redemption price will be $26.40 per depositary share.Also, the Company today announced a correction to the record date as previously announced...
Tags: Company, Pxre Corp.
Research articles 1995-03-15
DAOU Systems Names New CEO; Reaches Agreement with Holders of Preferred Stock; Reports Third Quarter 2000 Results
Business Editors/High-Tech Writers SAN DIEGO--BUSINESS WIRE--Nov. 9, 2000 DAOU Systems Inc. (Nasdaq:DAOU) today named James T. Roberto as its new chief executive officer and board member; announced that it has negotiated removal of redemption feature on preferred stock; and reported results for the third quarter ended Sept. 30,...
Tags: Daou Systems Inc.
Research articles 2000-11-09
Glenborough Realty Trust Calls for Redemption of 7 3/4% Series A Convertible Preferred Stock
SAN MATEO, Calif. -- Glenborough Realty Trust Incorporated ("Glenborough")(NYSE:GLB) is calling for the partial redemption of its 7 3/4% Series A Convertible Preferred Stock (CUSIP #37803P204) (the "Preferred Stock"). Glenborough will redeem 3,109,940 shares of Preferred Stock, representing approximately 45.4% of the total number of outstanding shares. The redemption date...
Tags: Glenborough Realty Trust Inc.
Research articles 2004-12-17
Reckson Announces Redemption of 2,000,000 Shares of Series A Convertible Cumulative Preferred Stock
MELVILLE, N.Y. -- Reckson Associates Realty Corp. (NYSE:RA) announced today that it has called for the partial redemption of its 7 5/8% Series A convertible cumulative preferred stock (NYSE:RA.A) (Cusip No.: 75621K205) on September 20, 2004 (the "Redemption Date"), at a redemption price of $25.7625 per share of Series A...
Tags: Reckson
Research articles 2004-08-18
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