0
$\begingroup$

https://finance.yahoo.com/quote/XOMAP/profile?p=XOMAP https://finance.yahoo.com/quote/XOMAO/profile?p=XOMAO

Both of the above two ticker symbols are for the same company (XOMA Corporation). It is not clear what their differences are. Could anybody show me what their differences are?

$\endgroup$

2 Answers 2

3
$\begingroup$

One is preferred stock and the other is not. I don't know the specifics of XOMA.

The key takeaways on the linked page are not entirely correct. These are all things that might be true but are not necessarily the case. Some of them will apply though.

$\endgroup$
3
$\begingroup$

In addition to @BobJansen's answer, I found this information:

  • XOMAP is the ticker for the Series A preferred shares of the corporation. Aka the first round of capital financing the corporation did.

  • XOMAO is the ticker for the company's depository shares representing 1/1000th fractional interest in a share of the company's Series B Cumulative Perpetual Preferred stock (see also this link for the definition of the cumulative perpetual preferred stock). The above information and more about the certain conditions applied to these depository shares are found from this announcement.

$\endgroup$

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.