BuybackJun 22, 2026, 04:06 PM
National Healthcare Properties Completes $25.3M Preferred Stock Buyback
AI Summary
National Healthcare Properties, Inc. announced the final results of its concurrent offers to purchase Series A and Series B Cumulative Redeemable Perpetual Preferred Stock. The company accepted 556,454 Series A Shares and 566,229 Series B Shares, totaling an aggregate purchase price of approximately $25.3 million. This represents about 14.5% of Series A and 16.6% of Series B shares outstanding, purchased at $22.50 per share.
Key Highlights
- Accepted 556,454 Series A Shares and 566,229 Series B Shares for purchase.
- Aggregate purchase price of approximately $25.3 million for the shares.
- Purchase price was $22.50 per share for both Series A and Series B.
- Repurchased approximately 14.5% of outstanding Series A Shares.
- Repurchased approximately 16.6% of outstanding Series B Shares.
- Offers expired on June 16, 2026, with final results announced June 22, 2026.
- Company may purchase additional preferred shares in the future.
Price Impact
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