Daily Point 2297 - Irredeemable Preference Shares

 

The Banking Tutor 

Daily Point 2297 

Irredeemable Preference Shares 

Irredeemable preference shares, also known as perpetual preference shares, are shares that a company cannot buy back during its normal operations. These shares have no fixed redemption date and are only repurchased when the company is liquidated or ceases to exist. They form a permanent part of the company's capital structure, and shareholders receive a fixed dividend payment.

Sekhar Pariti

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