Gladstone Commercial Corporation Announces Redemption of its 7.125% Series C Cumulative Term Preferred Stock
August 22 2016 - 8:15AM
Gladstone Commercial Corporation (NASDAQ:GOOD) (the “Company”)
announced today that it redeemed all remaining 540,000 shares, or
100%, of the outstanding shares, of its 7.125% Series C Cumulative
Term Preferred Stock (the “Series C Term Preferred Stock”).
The shares of Series C Term Preferred Stock were redeemed at a
redemption price equal to $25.09401042 per share (the “Redemption
Price”), representing the payment of the $25.00 liquidation
preference, plus accrued and unpaid dividends from and including
August 1, 2016, up to and including August 19, 2016 (the
“Redemption Date”), in the amount of $0.09401042 per share.
Gladstone Commercial Corporation is a real estate
investment trust (“REIT”) focused on acquiring, owning and
operating net leased industrial and office properties across the
United States. The Company currently owns 99 properties.
Additional information can be found at
www.gladstonecommercial.com.
Investor Relations Inquiries:
For Investor Relations inquiries related to any of
the monthly dividend paying Gladstone funds, please visit
www.gladstone.com.
For further information: Gladstone Commercial Corporation, +1 703-287-5893
Gladstone Commercial (NASDAQ:GOOD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Gladstone Commercial (NASDAQ:GOOD)
Historical Stock Chart
From Jul 2023 to Jul 2024