Costamare (CMRE) has released an update.
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Costamare Inc. has announced the full redemption of its 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock, with the redemption date set for July 15, 2024. Shareholders will receive $25.00 per share plus accrued and unpaid dividends. Following the redemption, no Series E Preferred Stock will remain outstanding, concluding all associated stock rights except for the right to payment of the Redemption Price.
For further insights into CMRE stock, check out TipRanks’ Stock Analysis page.