Assertion: common stock's right | /r/CapableOf | convert their preferred stock
Facets:
value: into common stock on preset terms
type: OTHER
value: at a predetermined exchange price
type: MANNER
value: into shares of common stock.﻿﻿
type: OTHER
Source sentences:
text: Holders of this type of security have the right to convert their preferred stock into shares of common stock.﻿﻿
text: Preferred share owners may have the right to convert their preferred shares into common stock on preset terms – allowing them to participate in market increases of the company’s common stock – if a convertible option is attached.
text: Some preferred shareholders also have the right to convert their preferred stock into common stock at a predetermined exchange price.
text: Preferred share owners may have the right to convert their preferred shares into common stock on preset terms – allowing them to participate in market increases of the company’s common stock – if a convertible option is attached.