$Ellington Financial Inc.(EFC-B)$ has announced that its Board of Directors has authorized the full redemption of all 4,600,000 outstanding shares of its Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The redemption is scheduled to take place on February 27, 2026, at a price equal to the liquidation preference of $25.00 per share, plus any accrued and unpaid dividends up to, but excluding, the redemption date. Following the redemption, the Series A Preferred Stock will be suspended from trading on the New York Stock Exchange and all associated rights will cease. Equiniti Trust Company, LLC will act as the redemption agent for the transaction.
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. Ellington Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260127904811) on January 28, 2026, and is solely responsible for the information contained therein.