The Roshe Run has been transformed into the Roshe One. The Roshe One features customization options, thanks to Nikeid, and technological updates, including Nike Flywire. These updates, along with the change of title, suggest that there will be a line of Roshe's to look forward to in the future.
Preferred stock that allows the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date. Also known as convertible preferred shares.
It is important to note, however, that typically the conversion is one-sided, in that you cannot convert back to preferred stock. Preferred stock may also be designed as non-convertible. Callable preferred stock is a type of preferred stock which is callable at a given date in the future at the issuer's discretion at the redemption price. The redemption price may be the original issue price or slightly higher than the original issue price.