Equal Exchange: Our Preferred Stock Journey

Aunnie Patton Power ()
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Aunnie Patton Power: University of Oxford

Chapter Chapter 8 in Adventure Finance, 2021, pp 83-89 from Springer

Abstract: Abstract In this chapter, we are going to dive into the history of Equal Exchange, the worker co-op that we met in Chapter 3, to understand their unique offering of mission locked preferred stock, a type of redeemable equity. Investors who hold these shares earn a yearly dividend from Equal Exchange and they can sell back their shares to the company, at the purchase price, after holding the shares for five years.

Date: 2021
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DOI: 10.1007/978-3-030-72428-3_8

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