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0 0 0 -0.000100166944908095 -0.00250417362270445 0.0012520868113523 0.00500834724540906 0.00626043405676121
Stock impact report

Rithm Capital Corp. Announces a Redemption of $50 million of 7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock [Yahoo! Finance]

Rithm Capital Corp. (RITM) 
Company Research Source: Yahoo! Finance
redeem $50,000,000, or 2,000,000 shares, of the Company's outstanding 6,210,000 shares of 7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the " Series A Shares ") at a redemption price equal to $25.00 per Series A Share in cash, plus $0.274091 per Series A Share of accumulated and unpaid distributions thereon to, but not including, the redemption date of March 28, 2025 (the " Redemption "). The Series A Shares trade under the ticker symbol "RITM PR A." A Notice of Partial Redemption for the Series A Shares describing the Redemption procedures was sent to holders of the Series A Shares on February 26, 2025. Additional information related to the Redemption procedures, including copies of the Notice of Partial Redemption, may be obtained from Equiniti Trust Company, LLC by calling 718-921-8317. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of thes Show less Read more
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