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Stock impact report

Land & Buildings Calls on Equity Commonwealth to Take Long Overdue Step of Liquidating Remaining Assets and Returning Capital to Shareholders [Yahoo! Finance]

Equity Commonwealth Common Shares of Beneficial Interest (EQC) 
Last equity commonwealth common shares of beneficial interest earnings: 2/12 04:23 pm Check Earnings Report
US:NYSE Investor Relations: eqcre.com/corporate-profile
Company Research Source: Yahoo! Finance
Believes that the Current Board Has Allowed G&A Costs and Executive Compensation to Become Disproportionately Excessive, Spending $37 Million Last Year to Manage Just Four Properties Land & Buildings Stands Ready to Take Any Actions Necessary to Maximize Value for Equity Commonwealth Shareholders STAMFORD, Conn., March 13, 2024 BUSINESS WIRE )--Today, Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings"), a 3% shareholder of Equity Commonwealth (NYSE: EQC) ("EQC" or the "Company"), released a letter it recently sent to the Company's Board of Directors (the "Board"). Land & Buildings Founder and Chief Investment Officer Jonathan Litt stated: "For some time, it has been our view that given the makeup of EQC's real estate portfolio, the Company's more than $2 billion in cash representing over 85% of assets and the dynamics of the current public and private real estate markets, the best pathway for shareholders of Equity Commonwealth would Show less Read more
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