Examples of Preference Stock in a sentence
As of the date of this Report, Xxxxxx had 2,627 shares of Preference Stock outstanding.
The rights of holders of the Common Stock to receive dividends or other payments with respect thereto are subject to the prior and superior rights of holders of Xxxxxx'x Preferred Stock and Preference Stock, then outstanding.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table indicates the number of shares of Common Stock or $2 Preference Stock owned beneficially as of December 10, 1996, by (i) each person known to Xxxxxx to beneficially own more than 5% of the outstanding shares of either Common Stock or $2 Preference Stock, (ii) each director, (iii) the Named Officers and (iv) all directors and executive officers as a group.
An aggregate of 29,551,334 shares of the Company's voting stock were outstanding and entitled to vote at the 1996 Annual Meeting as follows: 29,548,707 shares of Common Stock and 2,627 shares of $2 Noncumulative Convertible Preference Stock (which vote together as a single class).
If a Preferred Securities Substitution occurs it is the current intention of the General Partner to arrange for an alternative method for investors to hold their Substituted Preference Stock.