Ellington Financial Announces Redemption of its Series E Preferred Stock
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Ellington Financial Inc. has announced the redemption of its Series E Preferred Stock, with the redemption date set for December 13, 2024. The redemption price is estimated at $25.540558 per share.
November 06, 2024 | 9:30 pm
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Ellington Financial Inc. is set to redeem all outstanding shares of its Series E Preferred Stock on December 13, 2024, at an estimated price of $25.54 per share.
The redemption of preferred stock is a planned financial action that may not significantly impact the common stock price in the short term. However, it is relevant to preferred stockholders and reflects the company's financial strategy.
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