It is very common for a corporation to issue preferred shares subject to redemption at the option of the corporation.

Name: It is very common for a corporation to issue preferred shares subject to redemption at the option of the corporation.
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It is common for corporations to issue preferred shares that are subject to redemption at their option, meaning the corporation has the right to buy back the shares from the shareholder at a certain price and time.

It Is Very Common for a Corporation to Issue Preferred