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Prospect News home > News index > List of issuers P > Headlines for Popular, Inc. > News item
Published on 1/24/2020 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Popular to redeem all $28.02 million 8¼% preferred shares on Feb. 24

By Wendy Van Sickle

Columbus, Ohio, Jan. 24 – Popular, Inc. announced it will redeem all of its 1,120,665 of outstanding shares of its 8¼% non-cumulative monthly income preferred stock, series B on Feb. 24.

The $28.02 million of preferreds will be redeemed at $25.00 per share, plus $0.1375 in accrued dividends, according to a news release.

Popular is a financial institution based in San Juan, Puerto Rico.


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