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RealDutch

03/08/23 11:10 AM

#8875 RE: aandt #8874

I will give it another try. 15 minutes. Not any longer.

RealDutch

03/08/23 11:48 AM

#8877 RE: aandt #8874

I did find this. Last line could be important.

How are redeemable shares redeemed?

For a company to redeem shares, it must have stipulated upfront that those shares are redeemable, or callable. Redeemable shares have a set call price, which is the price per share that the company agrees to pay the shareholder upon redemption. The call price is set at the onset of the share issuance.



I also read somewhere that the redemption date is also a dividend payment date. Although that is not what we want to know now. But for later.