Many preferred stocks have a provision that entitles a company to repurchase its preferred stock from their holders at stated prices over a given time period.What is the name of this provision?

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The provision described is known as a callable provision. It allows the company to repurchase its preferred stock from holders at a stated price within a given time period. The other options (cumulative, putable, convertible) refer to different provisions in preferred stocks. Cumulative means that if the company misses a dividend payment, it accumulates and must be paid out at a later date. Putable means that the holder has the option to sell the stock back to the company at a specified price. Convertible means that the preferred stock can be converted into common stock at a predetermined conversion rate.

Many Preferred Stocks Have a Provision That Entitles a Company