M/I homes to redeem $50 million series A preferred depositary shares

By Tali David

Minneapolis, March 11 - M/I Homes, Inc. plans to redeem 2 million of its outstanding depositary shares, each representing 1/1,000th of a series A preferred share, according to a press release.

The shares will be redeemed at $25 per depositary share plus accrued dividends from March 15 to April 10.

Computershare Trust Co. is the redemption agent.

M/I Homes is a Columbus, Ohio-based builder of single-family homes.

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