What are preference shares? How many types of preference shares are there?
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Answer:
The four main types of preference shares are callable shares, convertible shares, cumulative shares, and participatory shares. Each type of preferred share has unique features that may benefit either the shareholder or the issuer.
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Answered by
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Answer:
Preference Shares is the capital raised by a company through the issue of preference shares.
The types of preference shares are:
* Cumulative and Non Cumulative Preference Shares
* Participating and Non Participating Preference Shares
*Convertible and Non Convertible Preference Shares
* International Depository Receipts
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