Puttable Common Stock
Common stock that gives investors the option to put the stock back to the company at a predetermined price. Investopedia Says:
With puttable common stock, investors have the option of selling their shares back to the issuer at a predetermined price. Typically, this price is relatively low, so the option to put acts merely as a type of insurance for investors, sweetening the security. Related Terms:
Callable Bond
Common Stock
Parent Company
Put Bond
Subsidiary
Sweetener |