"Where Everyone Has an MBA"
Tel: (612) 246-4616
Tel: (612) 246-4616
M as the fifth letter of a Nasdaq stock symbol indicates that the issue is the fourth class of preferred shares of the company.
J as the fifth letter of a Nasdaq stock symbol indicates that the issue is the voting stock of the company.
SHARE BUY-BACK is when a company makes an offer to buy back some of its own shares. There are several types of buy-backs. Three common types are: 1. an equal access scheme - when the company offers to buy back the same proportion of each shareholders shares; 2. a selective buy-back - when the company offers to buy back shares from only one or some of its shareholders; or, 3. the company may buy the shares on the exchange where the shares are traded.
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