Listed redeemable preference shares can be acquired for less than their redemption amount using an on-market buyback.

Question

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Listed redeemable preference shares can be acquired for less than their redemption amount through an on-market buyback, which is where the company buys back its own shares from the market at a price lower than the redemption amount. This can provide an opportunity for investors to acquire the shares at a discount.

Listed Redeemable Preference Shares Can Be Acquired for Less Than