Convertible price

Convertible price

The contractually specified price per share at which a convertible security can be converted into shares of common stock.

Conversion Price

In a convertible security, the price at which the owner is allowed to buy an equal number of common shares in exchange for trading in the convertible security. This price is set at the sale of the convertible security. For example, a company may buy an issue of convertible bonds (a low-risk investment) from another company with the agreement that if the company's stock increases greatly in value, the first company may trade its bonds for the right to a certain number of the company's stocks at a set, low price. This price is the conversion price.
References in periodicals archive ?
Auto Business News-January 22, 2019--BMW Australia announces Z4 convertible price
M2 EQUITYBITES-January 22, 2019--BMW Australia announces Z4 convertible price
FAST FACTS BMW 640D M SPORT CONVERTIBLE Price: PS73,050 Mechanical: 313bhp, 2,998cc, 6cyl diesel engine driving rear wheels via automatic gearbox Max speed: 155mph 0-62mph: 5.5 seconds Combined mpg: 48.7 Insurance group: 50 CO2 emissions: 153g/km BIK rating: 32% Warranty: 3yrs/60,000 miles
TECH SPEC Model MINI Cooper Convertible Price before options PS17,900 Top speed 129mph 0-62mph 8.8 seconds Combined fuel economy 57.6mpg CO2 114g/km
According to "report", Baosteel and Wuhan Iron and Steel convertible price of shares of listed companies to consider this convertible merger matters bulletin board resolution stock price 20 trading days before the reference price for the market, and not less than 90% of the reference price as the market pricing principles, the convertible price is determined as follows: the shares of Baosteel 4.60 yuan / share, shares of Wuhan Iron and Steel 2.58 yuan / share.
fastfacts MINI Cooper S Convertible Price: PS22,570 Mechanical: 192ps, 1,998cc, 4cyl petrol engine driving front wheels via 6-speed manual gearbox Max speed: 143mph 0-62mph: 7.2 seconds Combined mpg: 47.1 Insurance group: 29 CO2 emissions: 139g/km BIK rating: 24% Warranty: 3yrs/100,000 miles
BMW M4 convertible Four-seat hardtop convertible Price: PS63,375 Engine: 3.0-litre six-cylinder, 425bhp 0-62mph: 4.4 seconds Fuel consumption: 32.5mpg
>BMW 4 Series 435i M Sport Convertible Price: PS45,470 >Mechanical: 306bhp, 2,979cc, 6cyl >petrol engine driving rear wheels via eight-speed automatic gearbox Max speed: 155mph >0-62mph: 5.5 seconds >Combined mpg: 36.7 >Insurance group: 39 >CO2 emissions: 180g/km >BIK rating: 29% >Warranty: 3yrs/unlimited miles >
This offers the potential to benefit from rises in the share price while theoretically limiting the fall in the convertible price.
FAST FACTS BMW 640i Convertible PRICE: pounds 65,695 MECHANICAL: 315bhp, 2,998cc, 6cyl petrol engine driving front wheels via automatic gearbox MAX SPEED: 155mph 0-62MPH: 5.7 seconds COMBINED MPG: 35.7 INSURANCE GROUP: 50 CO2 EMISSIONS: 185g/km BIK RATING: 27% WARRANTY: 3yrs/unlimited miles
FASTFACTS MINI Cooper SD Convertible Price: pounds 21,130 Mechanical: 143 bhp, from 1995cc, four cylinder diesel engine driving front wheels via a six speed manual gearbox.