Business, 03.05.2021 14:40 christa140
NGS issues 900 preferred shares for $12 a share. NGS repurchases 900 common shares for $11 a share. On November 12, the board of directors declares a $0.30 cash dividend on each outstanding preferred share. The dividend is paid December 20. If you were a common shareholder concerned about your voting rights, would you prefer Nicole to issue additional common shares or additional preferred shares?
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NGS issues 900 preferred shares for $12 a share. NGS repurchases 900 common shares for $11 a share....
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