Wheeler Real Estate Investment Trust Inc. Announces Redemption of Series D Preferred Shares with Common Stock Conversion
Reuters
Jul 08, 2025
<a href="https://laohu8.com/S/WHLRL">Wheeler Real Estate Investment Trust Inc</a>. Announces Redemption of Series D Preferred Shares with Common Stock Conversion
Wheeler Real Estate Investment Trust Inc. recently announced the results of its latest Series D Preferred Stock redemptions. On July 7, 2025, the company processed seven redemption requests, redeeming a total of 11,490 shares at approximately $41.15 per share. This redemption was settled through the issuance of 65,898 shares of Wheeler's Common Stock. The company has been actively handling redemption requests, having processed a total of 358 requests to date, resulting in the redemption of 1,652,493 shares of Series D Preferred Stock. As of July 7, 2025, Wheeler had 1,160,584 shares of Common Stock and 1,836,032 shares of Series D Preferred Stock outstanding. The next redemption deadline is set for July 25, 2025, ahead of the upcoming Holder Redemption Date on August 5, 2025.
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