convertible preferred stock

Example Sentences

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Issuing $1.25 billion in common stock through an underwritten public offering, another $2 billion in an at-the-market offering and $3.75 billion in convertible preferred stock interests could widen the pool of shares.

From The Wall Street Journal • Jun. 11, 2026

The company sold $18 billion in common stock and $16.8 billion in convertible preferred stock with a 6.25% dividend yield.

From Barron's • Jun. 3, 2026

The Alphabet mandatory convertible preferred stock will pay a fixed dividend for three years and then convert into equity based on a predetermined formula.

From Barron's • Jun. 1, 2026

That came after a $1.2 billion investment in the company’s convertible preferred stock led by Apollo.

From The Wall Street Journal • Apr. 20, 2026

Ayar Third Investment, an affiliate of Saudi Arabia’s Public Investment Fund, committed $550 million worth of convertible preferred stock, “further strengthening the strategic partnership between the PIF and Lucid,” according to Lucid.

From MarketWatch • Apr. 14, 2026