Brief: Stratus Properties Inc. Board Of Directors Unanimously Approves Plan To Dissolve And Sell All Assets, Estimating Total Stockholder Distributions Of $29.73 To $37.69 Per Share
24/03/2026 22:15
March 24 (Reuters) - Stratus Properties Inc STRS.O: STRATUS PROPERTIES INC. BOARD OF DIRECTORS UNANIMOUSLY APPROVES PLAN TO DISSOLVE AND SELL ALL ASSETS, ESTIMATING TOTAL STOCKHOLDER DISTRIBUTIONS OF $29.73 TO $37.69 PER SHARE STRATUS PROPERTIES INC: PLAN INCLUDES SIGNIFICANT REDUCTION IN OVERHEAD COSTS DURING LIQUIDATION PROCESS STRATUS PROPERTIES INC - CO MAY VOLUNTARILY DELIST COMMON STOCK FROM NASDAQ AT FUTURE DATE STRATUS PROPERTIES INC: LIQUIDATION AND DISSOLUTION OF CO IS STRATEGIC ALTERNATIVE THAT IS MOST LIKELY TO RESULT IN GREATEST VALUE FOR STOCKHOLDERS STRATUS PROPERTIES INC - CO EXPECTS TO REDUCE GENERAL AND ADMINISTRATIVE EXPENSES IF PLAN IMPLEMENTED Source text: ID:nBw7lLYx4a Further company coverage: STRS.O ((Reuters.Briefs@thomsonreuters.com;))
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