Repurchase of Preferred Equity
Repurchase of Preferred Equity, also known as Preferred Stock Buyback, is a financial metric that refers to the practice of a company buying back its preferred stock, which is a type of ownership in a company that often pays a fixed dividend. This can be beneficial to the company and its shareholders because it can help reduce debt, lower the cost of capital, increase earnings per share, or improve financial ratios such as return on equity or earnings before interest, taxes, depreciation, and amortization (EBITDA). Additionally, repurchasing preferred equity may signal to investors that the company has confidence in its financial performance and future prospects.
Additional Details
| Metric Name |
Type |
Default Period Type |
| repurchase_of_preferred_equity |
|
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |