Sentences with phrase «shares of preferred stock back»

In January 2014, the Company's Chief Executive Officer contributed 8,976,000 shares of preferred stock back to the Company for no consideration.

Not exact matches

The management has wisely bought back shares of the stock at severely depressed levels, and doesn't seem to get too carried away with regular buybacks, preferring to return excess cash to shareholders in the form of special dividends (much preferred to buybacks).

If a significant number of shareholders are paying higher taxes on those dividends, they very well might prefer that Microsoft buy back shares with the money instead (which indirectly creates higher stock prices).

In addition, owning preferred stock puts you at the discretion of the issuer to «call back» or repurchase the shares away from you.