Preferred stock cannot be more than 50% of total equity.
The group has $30 billion in total equity outstanding.
Preferred stock may comprise up to half of total equity.
From what little I know, it has advantages particularly for older people, who have close to total equity in their homes.
Since the second quarter of last year, its total common shareholders' equity has increased by 45 percent, to $2.52 billion.
The price was high, and the chances of total equity virtually nil.
Today, the company has $9.2 billion in debt, which is a manageable 47 percent of total equity, and the payments stretch far into the future.
Later investments increased the total new equity raised to $565 million.
The proposal values the total equity of Insight at about $650 million.
The komplementar must supply at least 10% of the total equity.