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QVC Group, Inc. 8.0% Series A Cumulative Preferred Stock Due 3/15/2031
Ticker Symbol: QVCGP CUSIP: 74915M308 Exchange: NGS
Security's Distribution is Suspended!
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QUANTUMONLINE.COM SECURITY DESCRIPTION: QVC Group, Inc formerly, Qurate Retail Group, Inc. 8.0% Series A Cumulative Redeemable Preferred Stock, liquidation preference $100 per share, redeemable at the issuer's option on or after 09/18/2025 but before 09/17/2026 at $104 per share plus accrued and unpaid dividends on or after 09/17/2026 but before 09/17/2027 at $102 per share plus accrued and unpaid dividends and after 09/17/2027 at $100 per share plus accrued and unpaid dividends, and maturing 03/15/2031. Cumulative distributions of 8.00% per annum ($8.00 per annum or $2.00 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date fixed by the board prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). Upon the occurrence of a change of control the company will have the option within 90 days to redeem the preferred shares at $100 per share plus accrued and unpaid dividends or convert the Series A preferred shares into common shares (see prospectus for more details). If the issuer failes to pay applicable redemption price in full with respect to any redemption of the Series A Preferred Stock or fails to make a payment with respect to the Series A Preferred Stock in connection with a liquidation then, subject to a 30-day cure period, the dividend rate will increase by 1.50% per annum of the liquidation price until cured, plus an additional 0.25% commencing on the dividend payment date immediately following such nonpayment and for each subsequent dividend period thereafter until such nonpayment is cured, up to a maximum dividend rate of 11.00% per annum of the liquidation price (see prospectus for more details). In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, 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.
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Go to Parent Company's Record (QVCGA)
Link to Preliminary IPO Prospectus
Previous Ticker Symbol: QRTEP Changed: 2/24/2025
Previous Name: Qurate Retail Group, Inc. 8.0% Series A Cumulative Preferred Stock Due 3/15/2031 Changed: 2/24/2025
Click for current QVCGP price quote from the NASDAQ
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 12300 Liberty Blvd., Englewood, CO 80112 |
| Main Phone Number |
866-876-0461 |
| Fax Number |
Not Available |
| Investor Contact
Courtnee Chun
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720-875-5420
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| Toll Free Phone Number |
866-876-0461 |
| CEO - David Rawlinson |
CFO - Brian J. Wendling |
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