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blank check preferred stockThis is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial nee [..]
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blank check preferred stockDefinition Stock of a publicly traded company in which the board of directors has authority for voting, conversion, dividend rights, generally used to prevent takeovers or meet the company's chan [..]
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blank check preferred stockrefers to the issuance of a class of preferred shares where the board of directors has authority determining voting rights, dividends, and conversion without separate shareholder approval.
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blank check preferred stockThis is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial nee [..]
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