converted share

基本解释

A preference share that can be converted into common shares at a fixed conversion price.
指可按约定换股价转换成普通股的优先股。
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If a state owned enterprise is converted into a Limited by Share Ltd, the promoters may have less than 5 people, but it shall adopt the way of raising the establishment;
国有企业改建为股份有限公司的，发起人可以少于5人，但应当采取募集设立方式；
Stockholders have the right to vote on the issuance of convertible securities because they will dilute current stockholders' proportionate ownership when converted (changed into share of common).
股东对发行可转换证券拥有投票权，因为当转换（转换为普通股）时会稀释当前股东的所有权比例。

Under the terms of the deal, existing Sprint (nyse: FON - news - people ) shares will remain outstanding, and each Nextel (nasdaq: NXTL - news - people ) common share will be converted into new company shares and a small per-share amount of cash.
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For issues that are available as American depositary receipts we converted the per-share data into the ADR equivalents.
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As more bonds were converted to equity and its share price tumbled, it scrambled to redeem the bonds, but was unable to beat the brokers.
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