What is Arch Capital Group's corporate — preferred stock redemption premium?

Arch Capital Group (ACGL) reported corporate — preferred stock redemption premium of $15.10M in Q3 2021.

What does corporate — preferred stock redemption premium mean?

The extra cost incurred when the company buys back its preferred shares above their recorded value.

Discontinued — last reported Q3 '21

Business Segments · Preferred Stock Redemption Premium

Corporate — Preferred Stock Redemption Premium

Analysis

StatementSegment

CategoryCapital Allocation

SignalLower is better

VolatilityVolatile

First reportedQ3 2021

Last reportedQ3 2021Nov 4, 2021

Rolls up toPreferred Stock Redemption Premium

How to read this metric

A higher premium indicates a higher cost to retire capital, which reduces the net income available to common shareholders in the period of redemption.

Detailed definition

This represents the excess amount paid over the carrying value when the company redeems or repurchases its preferred sto...

Peer comparison

Occurs periodically during capital structure optimization; comparable to premiums paid on debt buybacks.

Metric ID: acgl_segment_corporate_preferred_stock_redemption_premium

Historical Data

1 periods

	Q3 '21
Value	$15.10M

Similar Metrics at Other Companies

Capital One FinancialCOF View metric

NiSourceNI View metric

Simon Property GroupSPG View metric

ProgressivePGR View metric

Equity ResidentialEQR View metric

Frequently Asked Questions

What is Arch Capital Group's corporate — preferred stock redemption premium?: Arch Capital Group (ACGL) reported corporate — preferred stock redemption premium of $15.10M in Q3 2021.
What does corporate — preferred stock redemption premium mean?: The extra cost incurred when the company buys back its preferred shares above their recorded value.