callable common stock

Callable Common Stock

Common stock in a publicly-traded company that the issuing company may buy back from shareholders. This price schedule under which the issuer may buy back the stock is determined when the stock is issued and the price itself gradually increases over time. Callable common stock allows the company the flexibility to buy back shares at a price for which it can budget. See also: Self-tender offer, Puttable common stock.

callable common stock

Common stock of a subsidiary that is sold by the parent company and is subject to a stock purchase option agreement. The exercise price of the call generally steps up over time. Compare puttable common stock.
References in periodicals archive ?
The purchase of the ALRT Callable Common Stock by Ligand and exercise of the Asset Purchase Option by Allergan as well as the restructured post buyout agreements between the companies reflect the significant value created by the positive R&D results of this cooperative venture," said Ligand Chairman, President and Chief Executive Officer David E.
NASDAQ:TGSI) today announced that the company's callable Common Stock Purchase Warrants that were due to expire on Nov.
NASDAQ: TGSI) today announced that the company's callable common stock purchase warrants that were due to expire on Aug.
In the aggregate, investors purchased 256,000 shares of PSI's callable common stock and warrants to purchase 512,000 shares of IRIS common stock.
Each Unit in the offering will consist of one share of ALRT Callable Common Stock and two warrants, each warrant entitles the holder to acquire one share of Common Stock of Ligand at a price equal to 120 percent of the average closing price of Ligand Common Stock during the 20 trading days ending one trading day before the expiration of the Rights.
purchase--100 percent, and only 100 percent, of Disco's callable common stock at any time through December 31, 20X4.
SHENYANG, China -- A-Power Energy Generation Systems (NASDAQ:APWR) (NASDAQ:APWRW) (NASDAQ:APWRU) ("A-Power"), today announced that it is sending out redemption notices to all of the holders of its issued and outstanding callable common stock purchase warrants.
OTCBB: HLSYF, HLSWF, HLSUF) ("HLS") today announced that it is sending out redemption notices to all of the holders of its issued and outstanding callable common stock purchase warrants.
BEIJING & SAN DIEGO -- Origin Agritech Limited (NASDAQ: SEED; SEEDW and SEEDU) ("Origin") announced that it is sending out redemption notices to all of the holders of its issued and its outstanding callable common stock purchase warrants.
PerkinElmer had sought declaratory relief to prevent Genomic Solutions from entering into a transaction with a third party that, had the transaction been completed, would have eliminated PerkinElmer's call right on Genomic Solutions callable common stock.
will exercise the purchase option covering the ASTI Callable Common Stock when the last date to exercise the option is triggered or before.
Each unit included one share of callable common stock of ALRT and two warrants (total warrants of 6.