Repurchase of Common & Preferred Stock

What is Repurchase of Common & Preferred Stock?

Repurchase of Common & Preferred Stock represents funds used to decrease common and preferred outstanding stock.

It includes:

  • Purchase of treasury shares;
  • Repurchase of stock;
  • Conversion of preferred stock into common stock;
  • Retirement of preferred stock; and
  • Exchange of common stock into debentures.
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