Preference shares may still be considered debt for accounting ... ensure that the accounting treatment aligns with the intended tax outcomes. In addition, GrantThorton said businesses must remain ...

Financial advisers have criticised Aviva's irredeemable preference shares cancellation bid amid concerns around tax implications and fairness to retail investors. Aviva and subsidiary General Accident ...

In trading on Wednesday, shares of Edison International's 6.95% Trust Preference Securities (Symbol: SCE.PRN) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.7375 ...