inc42

What Are Conversion Rights? Here’s All You Need to Know

In an investor context, conversion rights grant preferred shareholders the option to convert their shares into common shares. This conversion process can significantly impact calculations of ...
Seeking Alpha

Power Financial Announces Conversion Rights for Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series P and Non-Cumulative Floating Rate First Preferred Shares, Series Q

Readers are referred to the section "Forward-Looking Statements" at the end of this release. MONTRÉAL, Dec. 2, 2025 /CNW/ - Power Financial Corporation ("Power Financial" or the "Corporation") (TSX: ...
Seeking Alpha

Algonquin Power & Utilities Corp. Announces Conversion Rights for Cumulative Rate Reset Preferred Shares, Series A

OAKVILLE, ON, Nov. 22, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (AQN) announced today that it does not intend to exercise its right to redeem all or part of the currently outstanding ...
Investing

Sotherly Hotels notifies preferred shareholders of change of control conversion rights

Sotherly Hotels Inc. (NASDAQ:SOHO) announced Friday that it has notified holders of its preferred stock about a change of control and the related conversion rights following a recent merger. According ...