|
Corporate Office Properties Trust, 10.0% Cumul Redeem Preferred Shares B
Ticker Symbol: OFC-B* CUSIP: 22002T207 Exchange: NYSE
* NOTE: This security is no longer trading as of 7/15/2004
Security has been Called for: Thursday, July 15, 2004
June 11, 2004--Corporate Office Properties Trust announced today that the Company has called for redemption of all of its 1,250,000 outstanding Series B Cumulative Redeemable Preferred Shares (NYSE:OFCB), at a price of $25.00 per Series B Preferred Share, which reflects that there will be no accrued and unpaid dividends on the date of redemption. The redemption date for the Series B Preferred Shares will be July 15, 2004. From the Redemption Date forward, dividends on the Series B Preferred Shares will no longer accrue and holders of the Series B Preferred Shares will have no rights as such holders other than the right to receive the Series B Redemption Price, without interest, upon surrender of the Series B Preferred Shares.
|
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: Corporate Office Properties Trust, 10% Series B Cumulative Redeemable Preferred Shares, liquidation preference $25.00 per share, redeemable at the issuer's option on or after 7/15/2004 at $25 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions of 10.0% ($2.50) per annum paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on the date fixed by the board, not more than 60 days or less than 10 days prior to the payment date. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
|
Go to Parent Company's Record (CDP)
IPO - 6/30/1999 - 1.10 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $28.0 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 6711 Columbia Gateway Drive, Suite 300, Columbia, MD 21046 |
| Main Phone Number |
443-285-5400 |
| Fax Number |
Not Available |
| Investor Relations
Stephanie Krewson
|
443-285-5453
|
| CEO - Roger A. Waesche, Jr. |
CFO - Stephen E. Riffee |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
