Wheeler Real Estate Investment Trust Inc. has announced the results of its September 2025 Series D Preferred Stock redemptions. On September 5, 2025, the company processed eight redemption requests, collectively redeeming 11,551 shares of Series D Preferred Stock at a redemption price of approximately $41.74 per share. This figure includes the principal amount and accrued but unpaid dividends. The redemption was settled by issuing 270,184 shares of Wheeler Real Estate's Common Stock. To date, the company has fulfilled 379 redemption requests, converting a total of 1,700,025 shares of Series D Preferred Stock into approximately 982,000 shares of Common Stock. The next redemption date is scheduled for October 6, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wheeler Real Estate Investment Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001527541-25-000223), on September 08, 2025, and is solely responsible for the information contained therein.