Fannie Mae-No Politics (FNMA)

[Popeye9]

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Please give me an example of a company with two equity classes that is not dual listed in different countries or with different voting rights? If the company is to exit conservatorship then fnma equity will retain its rights

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I am not sure what this means. Different classes of stock have different rights and preferences. There can be a class A common and class B common with the class B having more voting power than class A.

There are many issues that trade domestically and on foreign exchanges.




How can a domestic issue with same rights have two types of shares? This was what you were saying on your first response.

Give me an example where one company has two stock listed with same rights. Also the warrants convert governments p shares into common stock for the 79.9% ownership of the company. If different classes of shares have different voting right then they would be priced differently.

Fnma is not going to have a foreign listing or offering. The many issues that trade domestically and on foreign exchanges do not apply as an example here. I asked for examples away from these.



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Yes, the government will exercise the warrants. How else do they own 80% of the company and do the 200B offering?

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They have warrants for 79.9% of the companies which expire in 2028. If they exercise their rights they can profit from the sale. As to a 200 billion offering, that is yet tbd. I doubt it will be that high.


That was in the news.