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 ?
TECH SPEC Model MINI Cooper Convertible Price before options PS17,900 Top speed 129mph 0-62mph 8.
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.
This offers the potential to benefit from rises in the share price while theoretically limiting the fall in the convertible price.
Moreover, by using information contained in the historical convertible price series, it is possible to estimate all other convertible bond parameters such as the underlying state variable (stock price or firm value) volatility, dividend yield, and diffusion processes parameters.
the purchase price of each of the Pentax bonds with share subscription warrants = (the issue price of each bond (1,005,000 Yen) / the convertible price (540 Yen))* the purchase price of common stock (in the event that the result is not a whole number, the purchase price will be rounded to the nearest Yen).
Calculate the conversion premium--the amount the convertible price exceeds the conversion value ($1,084.
The fundamentals of the underlying company drive the convertible price up along with the stock.
Share repurchase activity may increase in the intermediate term as the company seeks to offset incremental diluted shares from convertible debt when the equity price exceeds the convertible price.
The debentures are redeemable, at the option of the Company, with 30 days notice if the stock has traded for 20 days above the convertible price within 90 days of redemption, at any time after the second anniversary of the date of issuance.
AS you'd expect, convertible prices are icy flat, and there are some stonking deals at auction at the moment.
BMW 3 Series saloon, coupe, touring and convertible prices will rise by an average of one per cent from May 1, but the recentlylaunched Compact won't change.