redeemable preference share

简明释义

可偿优先股

英英释义

例句

1.During the financial restructuring, the firm decided to convert its existing debt into redeemable preference shares.

在财务重组过程中，该公司决定将现有债务转换为可赎回优先股。

2.Investors often prefer redeemable preference shares because they offer a fixed dividend.

投资者通常更喜欢可赎回优先股，因为它们提供固定的红利。

3.Investing in redeemable preference shares can be less risky than common stocks.

投资于可赎回优先股可能比普通股票风险更小。

4.The company issued redeemable preference shares to raise capital for its expansion plans.

该公司发行了可赎回优先股以筹集资金用于扩张计划。

5.The terms of the redeemable preference shares allow the company to buy them back after five years.

这些可赎回优先股的条款允许公司在五年后回购。

作文

In the world of finance, companies often seek various methods to raise capital for their operations and growth. One such method is through the issuance of shares. Among the different types of shares available, redeemable preference share stands out as a unique financial instrument. A redeemable preference share (可赎回优先股) is a type of equity that gives shareholders preferential treatment over common shareholders when it comes to dividends and asset distribution in the event of liquidation. However, what sets redeemable preference shares apart is their redeemability feature, which allows the issuing company to repurchase the shares after a predetermined period or under specific conditions.The primary advantage of redeemable preference shares lies in their ability to provide a fixed return to investors. This fixed return is usually higher than that of common shares, making them an attractive option for risk-averse investors. Additionally, since these shares are typically issued with a fixed dividend rate, they can offer a more predictable income stream compared to common shares, whose dividends can fluctuate based on the company’s performance.Another significant aspect of redeemable preference shares is their impact on a company’s capital structure. By issuing these shares, companies can raise funds without diluting the ownership of existing shareholders, as preference shares usually do not carry voting rights. This characteristic can be particularly beneficial for companies looking to maintain control while still securing necessary financing. Furthermore, the ability to redeem these shares allows companies to manage their capital more flexibly, providing an avenue to return capital to investors when surplus cash is available or when they want to reduce debt levels.However, there are also challenges associated with redeemable preference shares. For instance, if a company faces financial difficulties, it may struggle to meet its obligations related to the fixed dividends promised to preference shareholders. This situation can lead to potential conflicts between preference and common shareholders, especially if the company has limited resources to distribute. Moreover, while redeemable preference shares offer a fixed return, they do not provide the same upside potential as common shares, which can appreciate significantly if a company performs well.In conclusion, redeemable preference shares (可赎回优先股) are an essential financial instrument that provides both companies and investors with unique benefits and challenges. These shares allow companies to raise capital while offering investors a fixed return, making them an attractive option for those seeking stability in their investment portfolio. However, the complexities surrounding their redeemability and the potential conflicts with common shareholders necessitate careful consideration by both issuers and investors. Understanding the intricacies of redeemable preference shares is crucial for anyone involved in corporate finance or investment, as they play a vital role in the capital markets.

在金融世界中，公司经常寻求各种方法为其运营和增长筹集资金。其中一种方法是通过发行股票。在不同类型的股票中，可赎回优先股作为一种独特的金融工具脱颖而出。可赎回优先股是一种股权，给予股东在分红和清算时资产分配方面的优先权。然而，使可赎回优先股与众不同的是其赎回特性，这使得发行公司可以在预定的时间段后或在特定条件下回购这些股份。可赎回优先股的主要优势在于它们能够为投资者提供固定的回报。这种固定回报通常高于普通股票的回报，使其成为风险厌恶型投资者的吸引选择。此外，由于这些股票通常以固定的股息率发行，它们可以提供比普通股票更可预测的收入流，因为普通股票的股息可能会根据公司的表现波动。另一个重要方面是可赎回优先股对公司资本结构的影响。通过发行这些股票，公司可以筹集资金，而不稀释现有股东的所有权，因为优先股通常不享有投票权。这一特征对于那些希望保持控制权的公司在获得必要融资时尤其有利。此外，赎回这些股票的能力使公司能够更灵活地管理其资本，为在有多余现金时向投资者返还资本或减少债务水平提供了途径。然而，可赎回优先股也存在挑战。例如，如果一家公司面临财务困难，可能会难以满足与优先股股东承诺的固定股息相关的义务。这种情况可能导致优先股股东与普通股股东之间的潜在冲突，尤其是在公司资源有限的情况下。此外，尽管可赎回优先股提供固定回报，但它们并不提供与普通股相同的上涨潜力，普通股在公司表现良好时可能会显著增值。总之，可赎回优先股是一个重要的金融工具，为公司和投资者提供独特的利益和挑战。这些股票使公司能够筹集资本，同时为投资者提供固定回报，使其成为那些寻求投资组合稳定性的人的吸引选择。然而，围绕其可赎回性及与普通股股东的潜在冲突的复杂性需要发行人和投资者进行仔细考虑。理解可赎回优先股的细微差别对于任何参与公司金融或投资的人来说都是至关重要的，因为它们在资本市场中发挥着重要作用。