Categories: Top News

Dundee Corporation Completes the Redemption of Its Series 2 and Series 3 Preference Shares

TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (“Dundee” or the “Company”) announces that it has now completed the redemption of the 1,145,362 outstanding cumulative 5-year rate reset first preference shares, series 2 (the “Series 2 Preference Shares”) and the 724,982 outstanding cumulative floating rate first preference shares, series 3 (the “Series 3 Preference Shares”). The redemption price of $25.00 per share, together with the accrued and unpaid dividends were paid to beneficial shareholders of the Series 2 Preference Shares and the Series 3 Preference Shares on October 1, 2024, because of the bank holiday on September 30, 2024.

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