Skip to content
Equity

Convertible Preferred Stock Authorized Shares

International Business Machines Convertible Preferred Stock Authorized Shares remained flat by 0.0% to 150M in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Convertible Preferred Stock Authorized Shares shows relatively stable performance with a 0.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025Feb 24, 2026

How to read this metric

An increase in authorized shares may signal management's intent to raise capital or provide equity-based incentives, while a high number relative to issued shares indicates significant capacity for future financing without requiring shareholder approval for charter amendments.

Detailed definition

This metric represents the maximum number of shares of convertible preferred stock that a corporation is legally permitt...

Peer comparison

Most large-cap technology firms maintain a pool of authorized but unissued preferred shares to provide flexibility for strategic financing or M&A, though specific authorization levels vary significantly based on historical capital structure needs.

Metric ID: convertible_preferred_stock_authorized_shares

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '25
Value150M150M150M
QoQ Change+0.0%+0.0%
YoY Change+0.0%+0.0%
Range150M150M
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak2+ quarters growth

Frequently Asked Questions

What is International Business Machines's convertible preferred stock authorized shares?
International Business Machines (IBM) reported convertible preferred stock authorized shares of 150M in Q4 2025.
What is the long-term trend for International Business Machines's convertible preferred stock authorized shares?
Over 2 years (2023 to 2025), International Business Machines's convertible preferred stock authorized shares has grown at a 0.0% compound annual growth rate (CAGR), from 150M to 150M.
What does convertible preferred stock authorized shares mean?
The maximum number of convertible preferred shares the company is legally allowed to issue.