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home / news releases / CMCT - Creative Media & Community Trust to redeem preferred stock

CMCT - Creative Media & Community Trust to redeem preferred stock

Creative Media & Community Trust Corporation

  • Creative Media & Community Trust ( NASDAQ: CMCT ) is set to redeem in cash all outstanding shares of its 5.5% series L preferred stock.
  • The redemption price equals to 100% of the series L stated value of $28.37 per share, plus any accrued and unpaid dividends through Dec. 31.
  • The shares will be redeemed on Jan. 25, 2023.
  • The office REIT was trading +0.60% pre-market.
  • Source: Press Release

For further details see:

Creative Media & Community Trust to redeem preferred stock
Stock Information
Company Name: Creative Media & Community Trust Corporation
Stock Symbol: CMCT
Market: NASDAQ
Website: creativemediacommunity.com
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