|
Post Properties Inc., 7 5/8% Series C Cumul Redeem Preferred Shares
Ticker Symbol: PPS-C* CUSIP: 737464404 Exchange: NYSE
* NOTE: This security is no longer trading as of 3/05/2004
Security has been Called for: Friday, March 5, 2004
Feb 03, 2004 -- Post Properties, Inc. announced today that it has given notice that it will redeem each of its 2,000,000 outstanding 7-5/8% Series C Cumulative Redeemable Preferred Shares on March 5, 2004 at a price of $25.00 per share, plus $0.344184025 in accrued and unpaid dividends up to and including the Redemption Date, for a total redemption price of $25.344184025 per share. Dividends on the Series C Preferred Shares will cease to accumulate on the Redemption Date.
|
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: Post Properties, Inc., 7 5/8% Series C Cumulative Redeemable Preferred Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 2/09/2003 at $25 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions of 7 5/8% per annum paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the 15th day of the month in which the payment is made (NOTE: the ex-dividend date is at least 2 business days prior to the record 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 (MAA)
IPO - 2/6/1998 - 2.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $48.5 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 4401 Northside Parkway, Suite 800, Atlanta, GA 30327 |
| Main Phone Number |
404-846-5000 |
| Fax Number |
404-504-9388 |
| Investor Relations
Polly Butler
|
404-846-5022
|
Toll Free Phone Number |
Unknown |
| CEO - David P. Stockert |
CFO - Christopher J. Papa |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
