If preference share is convertible, it is so at the option of the:

Name: If preference share is convertible, it is so at the option of the:
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

If preference share is convertible, it is at the option of the shareholders. This means that the shareholders can choose to convert their preference shares into common shares according to the terms of the convertible preference share agreement. The board of directors, CEO, and CFO do not have the authority to make this decision on behalf of the shareholders.

If Preference Share Is Convertible, It Is So at the Option