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0.00746887966804978 0.0066390041493776 -0.00248962655601654 -0.00248962655601654 -0.00248962655601654 -0.00248962655601654 -0.00248962655601654 -0.00248962655601654
Stock impact report

Medalist Diversified REIT, Inc. Announces Partial Redemption of Its 8% Series A Cumulative Redeemable Preferred Stock, Par Value $0.01 Per Share

Medalist Diversified REIT, Inc. (MDRR) 
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, gave notice of its intent to redeem 140,000 shares (the “Redeemed Shares”) of its 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”) on November 25, 2024 (the “Optional Redemption Date”). The Redeemed Shares will be redeemed at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the Optional Redemption Date in an amount equal to approximately $0.194 per share, for a total payment of $25.194 per share.About Medalist Diversified REITMedalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions. The Show less Read more
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