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Callable Common Stock
What does it mean?
Common stock that allows the issuer to call back the stock at a specific price.
In Other Words...
Typically, callable common stock is issued for a subsidiary company by the parent company. The parent company reserves the right to buy back the shares of the subsidiary company should it be strategically beneficial.
Related Links
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Related Terms
Callable Bond | Callable Preferred Stock | Common Stock | Parent Company | Puttable Common Stock | Subsidiary
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