redeemable shares — Shares (either ordinary shares or preference shares) in a company that the issuing company has the right to redeem, under terms specified on issue. Redemption may be funded from distributable profits or from a fresh issue of shares. If the shares … Accounting dictionary
redeemable shares — Shares (either ordinary shares or preference shares) that the issuing company has the right to redeem, under terms specified on issue. Redemption may be funded from distributable profits or from a fresh issue of shares … Big dictionary of business and management
Redeemable — Eligible for redemption under the terms of the indenture. The New York Times Financial Glossary * * * redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE 1. to pay off a loan or debt: • He intends to redeem the … Financial and business terms
redeemable — Eligible for redemption under the terms of an indenture. Bloomberg Financial Dictionary * * * redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE 1. to pay off a loan or debt: • He intends to redeem the … Financial and business terms
redeemable preference shares — The issuing company reserves the right to redeem these preference shares. The shares may, or may not, have a specific redemption date. London Stock Exchange Glossary … Financial and business terms
repurchase of shares — Under Chapter VII of Part V of the Companies Act 1985, a company can repurchase its own shares whether or not they are redeemable. The procedure requires shareholder approval and the appropriate power in the Articles of Association. The price… … Law dictionary
redemption of shares — Under Chapter VII of Part V of the Companies Act 1985, a company can redeem shares which are issued as redeemable shares by repaying the nominal value to the shareholder, whereupon the shares are cancelled. Redemption must normally be from… … Law dictionary
own shares purchase — The purchase or redemption of its own shares by a company; this is permitted subject to certain conditions. For example, in the UK redeemable shares may only be redeemed if they are fully paid. If the redemption or purchase of a company s own… … Accounting dictionary
own shares purchase — The purchase or redemption of its own shares by a company; this is permitted subject to certain legal restrictions. For example, in the UK redeemable shares may only be redeemed if they are fully paid. If the redemption or purchase of a company s … Big dictionary of business and management
preference shares — Shares in a company which usually receive a fixed dividend each year and which, if redeemed, are redeemed at par value. Although the dividend ( dividends) is fixed, it is not guaranteed. However, if the company fails to pay ( passes ) the… … Financial and business terms